Ariana Resources plc (LON:AAU) Given “Speculative Buy” Rating at Beaufort Securities

Ariana Resources plc (LON:AAU)‘s stock had its “speculative buy” rating restated by investment analysts at Beaufort Securities in a research report issued to clients and investors on Monday, July 31st.

Several other equities research analysts have also issued reports on AAU. Panmure Gordon reissued a “buy” rating and set a GBX 2.82 ($0.04) target price on shares of Ariana Resources plc in a research note on Wednesday, June 21st. Shore Capital reissued a “neutral” rating on shares of Ariana Resources plc in a research note on Wednesday, May 17th.

Shares of Ariana Resources plc (LON AAU) opened at 1.375 on Monday. The firm’s 50-day moving average price is GBX 1.32 and its 200-day moving average price is GBX 1.65. Ariana Resources plc has a 12-month low of GBX 1.35 and a 12-month high of GBX 2.26. The company’s market capitalization is GBX 11.57 million.

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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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