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Panmure Gordon recorded Ariana Resources PLC (LON:AAU), bumping its target to 2.82GBX earlier today

Just yesterday Ariana Resources PLC (LON:AAU) traded 0.00% even at 1.40GBX. Ariana Resources PLC’s 50-day moving average is 1.38GBX and its 200-day moving average is 1.59GBX. The last closing price is down -7.30% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 1,834,132 shares of AAU traded hands, down from an average trading volume of 4,156,280

Indicating a possible upside of 1.01%, Panmure Gordon raised the target price of Ariana Resources PLC (LON:AAU) to 2.82GBX

Recent Performance Chart

Ariana Resources PLC (LON:AAU)

Ariana Resources PLC has 52 week low of 1.25GBX and a 52 week high of 2.26GBX with a PE ratio of 0.87 and has a market capitalization of 0 GBX.

In addition to Panmure Gordon reporting its stock price target, a total of 1 broker has issued a research note on the company. The average stock price target is 2.79GBX with 0 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Ariana Resources PLC (LON:AAU)

Ariana Resources plc is engaged in the acquisition, exploration and development of gold and technology-metals primarily in Turkey and Australia. The Company is focused on the Red Rabbit Gold Project located in the western Turkey, comprising the Kiziltepe and Tavsan sectors. Its projects include Kizilcukur project, Ivrindi project, Demirci project and Salinbas project. The Kizilcukur project encompasses over two kilometers of mineralized quartz veins containing gold and silver. The Ivrindi Gold project is located in the Ivrindi District of Balikesir Province in western Turkey. The Ivrindi Gold project consists of over two licenses. The Demirci Gold project is located in the Demirci District of Manisa Province in western Turkey. The Salinbas Project area consists of two mineralized zones: the Ardala Porphyry and the Salinbas gold-silver (Au-Ag) deposit. The Company's other project area prospects include Karakavak, kepez and Yukaricamli.

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