Panmure Gordon Reiterates “Buy” Rating for Ariana Resources plc (AAU)
Ariana Resources plc (LON:AAU)‘s stock had its “buy” rating reissued by equities researchers at Panmure Gordon in a report issued on Tuesday. They currently have a GBX 2.71 ($0.03) price objective on the stock. Panmure Gordon’s price target indicates a potential upside of 61.79% from the company’s current price.
Separately, Beaufort Securities restated a “speculative buy” rating on shares of Ariana Resources plc in a research note on Wednesday, September 14th.
Ariana Resources plc (LON:AAU) opened at 1.675 on Tuesday. Ariana Resources plc has a one year low of GBX 0.67 and a one year high of GBX 2.09. The firm’s market cap is GBX 13.57 million. The stock has a 50 day moving average price of GBX 1.66 and a 200-day moving average price of GBX 1.63.
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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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