Ariana Resources (LON:AAU) Announces Earnings Results

Ariana Resources (LON:AAU) issued its quarterly earnings data on Tuesday. The company reported GBX 0.18 ($0.00) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Ariana Resources Trading Down 3.4%

AAU opened at GBX 1.11 ($0.01) on Wednesday. Ariana Resources has a twelve month low of GBX 0.91 ($0.01) and a twelve month high of GBX 3.07 ($0.04). The firm has a market cap of £21.41 million, a price-to-earnings ratio of 41,148.15 and a beta of 0.65. The company has a fifty day simple moving average of GBX 1.20 and a 200 day simple moving average of GBX 1.66.

Insiders Place Their Bets

In other Ariana Resources news, insider Michael de Villiers acquired 1,783,333 shares of the stock in a transaction on Monday, April 7th. The stock was purchased at an average price of GBX 1 ($0.01) per share, for a total transaction of £17,833.33 ($24,076.32). 43.73% of the stock is currently owned by company insiders.

About Ariana Resources

Ariana Resources is an AIM-listed mineral exploration and development company with an exceptional track record of creating value for its shareholders through its interests in active mining projects and investments in exploration companies. Its current interests include being a gold producer in Türkiye, a major gold development project in Zimbabwe that will become the Company’s flagship project over time, and copper-gold exploration and development projects across the portfolio.