Ariana Resources plc’s (AAU) Speculative Buy Rating Reiterated at Beaufort Securities
Ariana Resources plc (LON:AAU)‘s stock had its “speculative buy” rating reaffirmed by equities researchers at Beaufort Securities in a research report issued to clients and investors on Tuesday.
Other equities research analysts have also recently issued research reports about the stock. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 2.82 ($0.04) price objective on shares of Ariana Resources plc in a research note on Wednesday, June 21st. Shore Capital reaffirmed a “neutral” rating on shares of Ariana Resources plc in a research note on Wednesday, May 17th.
Ariana Resources plc (AAU) opened at 1.40 on Tuesday. Ariana Resources plc has a 52 week low of GBX 1.35 and a 52 week high of GBX 2.26. The company’s 50-day moving average is GBX 1.34 and its 200-day moving average is GBX 1.62. The company’s market cap is GBX 11.78 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.
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