Ariana Resources plc (LON:AAU) Insider Christopher Sangster Acquires 804,000 Shares

Ariana Resources plc (LON:AAU) insider Christopher Sangster bought 804,000 shares of the firm’s stock in a transaction dated Thursday, March 8th. The shares were acquired at an average price of GBX 1 ($0.01) per share, with a total value of £8,040 ($11,108.04).

Shares of Ariana Resources plc (AAU) opened at GBX 1.35 ($0.02) on Friday. Ariana Resources plc has a 52 week low of GBX 1.15 ($0.02) and a 52 week high of GBX 2.19 ($0.03). The firm has a market capitalization of $12.18 and a PE ratio of 67.50.

Separately, Beaufort Securities restated a “speculative buy” rating on shares of Ariana Resources in a research note on Thursday, December 7th.

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Ariana Resources 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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