Insider Buying: Ariana Resources plc (AAU) Insider Buys 2,400,000 Shares of Stock

Ariana Resources plc (LON:AAU) insider Michael de Villiers purchased 2,400,000 shares of Ariana Resources stock in a transaction that occurred on Friday, December 22nd. The shares were bought at an average price of GBX 1 ($0.01) per share, with a total value of £24,000 ($32,089.85).

Ariana Resources plc (LON:AAU) opened at GBX 1.30 ($0.02) on Wednesday. The firm has a market cap of $15.04 and a PE ratio of 65.00. Ariana Resources plc has a 1 year low of GBX 1.15 ($0.02) and a 1 year high of GBX 2.26 ($0.03).

A number of equities analysts have weighed in on AAU shares. Beaufort Securities reiterated a “speculative buy” rating on shares of Ariana Resources in a research report on Tuesday, September 5th. Shore Capital reiterated a “not rated” rating on shares of Ariana Resources in a research report on Tuesday, September 5th.

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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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