Ariana Resources (AAU) Insider Purchases £9,200 in Stock

Ariana Resources (LON:AAU) insider Michael de Villiers purchased 920,000 shares of the business’s stock in a transaction dated Wednesday, March 14th. The shares were purchased at an average price of GBX 1 ($0.01) per share, for a total transaction of £9,200 ($12,914.09).

Michael de Villiers also recently made the following trade(s):

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  • On Friday, March 16th, Michael de Villiers purchased 2,000,000 shares of Ariana Resources stock. The shares were purchased at an average price of GBX 1 ($0.01) per share, for a total transaction of £20,000 ($28,074.12).
  • On Friday, December 22nd, Michael de Villiers purchased 2,400,000 shares of Ariana Resources stock. The shares were purchased at an average price of GBX 1 ($0.01) per share, for a total transaction of £24,000 ($33,688.94).

Ariana Resources stock remained flat at $GBX 1.30 ($0.02) during trading hours on Friday. 378,258 shares of the company’s stock traded hands, compared to its average volume of 1,780,000. Ariana Resources has a 1 year low of GBX 1.15 ($0.02) and a 1 year high of GBX 2.19 ($0.03).

Separately, Beaufort Securities restated a “speculative buy” rating on shares of Ariana Resources in a report on Thursday, February 1st.

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About Ariana Resources

Ariana Resources PLC, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Turkey. The company primarily explores for gold, silver, and copper deposits. Its principal project is the Red Rabbit gold project located in western Turkey. The company was incorporated in 2005 and is based in London, the United Kingdom.

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