Panmure Gordon Reaffirms “Buy” Rating for Ariana Resources plc (AAU)

Panmure Gordon restated their buy rating on shares of Ariana Resources plc (LON:AAU) in a report released on Wednesday. The firm currently has a GBX 2.82 ($0.04) price objective on the stock.

A number of other brokerages have also weighed in on AAU. Beaufort Securities reaffirmed a speculative buy rating on shares of Ariana Resources plc in a research report on Wednesday, June 7th. Shore Capital reaffirmed a not rated rating on shares of Ariana Resources plc in a research report on Friday, March 24th.

Ariana Resources plc (AAU) opened at 1.64 on Wednesday. The company’s market cap is GBX 13.80 million. Ariana Resources plc has a 12-month low of GBX 1.25 and a 12-month high of GBX 2.26. The firm has a 50-day moving average price of GBX 1.68 and a 200-day moving average price of GBX 1.77.

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About Ariana Resources plc

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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