Panmure Gordon restated their buy rating on shares of Ariana Resources plc (LON:AAU) in a research report report published on Tuesday morning. The firm currently has a GBX 2.46 ($0.03) target price on the stock.
Separately, Beaufort Securities reissued a speculative buy rating on shares of Ariana Resources plc in a research report on Wednesday, January 11th.
Shares of Ariana Resources plc (LON:AAU) traded down 1.10% on Tuesday, hitting GBX 1.80. 4,739,797 shares of the stock traded hands. The stock’s 50 day moving average price is GBX 1.70 and its 200 day moving average price is GBX 1.70. Ariana Resources plc has a 52-week low of GBX 0.75 and a 52-week high of GBX 2.09. The stock’s market cap is GBX 14.58 million.
About Ariana Resources plc
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.