Ariana Resources plc (LON:AAU)‘s stock had its “buy” rating reaffirmed by research analysts at Panmure Gordon in a report issued on Tuesday. They presently have a GBX 2.71 ($0.03) target price on the stock. Panmure Gordon’s target price suggests a potential upside of 55.52% from the company’s previous close.

Separately, Beaufort Securities reiterated a “speculative buy” rating on shares of Ariana Resources plc in a report on Wednesday, September 14th.

Shares of Ariana Resources plc (LON:AAU) opened at 1.75 on Tuesday. The stock’s 50 day moving average price is GBX 1.66 and its 200-day moving average price is GBX 1.63. The stock’s market cap is GBX 14.17 million. Ariana Resources plc has a 52 week low of GBX 0.67 and a 52 week high of GBX 2.09.

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Ariana Resources plc Company Profile

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.

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