Ariana Resources (AAU) Stock Rating Reaffirmed by Beaufort Securities

Beaufort Securities reissued their speculative buy rating on shares of Ariana Resources (LON:AAU) in a report published on Thursday.

Ariana Resources (LON AAU) opened at GBX 1.55 ($0.02) on Thursday. Ariana Resources has a 1-year low of GBX 1.15 ($0.02) and a 1-year high of GBX 2.26 ($0.03). The company has a market cap of $15.90 and a PE ratio of 77.50.

In other Ariana Resources news, insider William James Benedict Payne bought 800,000 shares of the business’s stock in a transaction on Thursday, December 7th. The shares were acquired at an average cost of GBX 1 ($0.01) per share, for a total transaction of £8,000 ($11,234.38). Also, insider Michael de Villiers bought 2,400,000 shares of the business’s stock in a transaction on Friday, December 22nd. The shares were acquired at an average price of GBX 1 ($0.01) per share, for a total transaction of £24,000 ($33,703.13).

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About Ariana Resources

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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