Currently viewing Global edition

Ariana readying next gold move

Ariana Resources (LN:AAU) can no longer trade on being a new gold producer. With close to a year of production at its 51%-owned Kiziltepe mine under its belt, investors are now out for more from the £13.7 million (US$19.4 million) capitalised company .

Ariana readying next gold move Ariana readying next gold move Ariana readying next gold move Ariana readying next gold move Ariana readying next gold move

Investors are now looking for more from Ariana after becoming a gold producer at Kiziltepe (pictured) in Turkey last year

One can see that in the company's share price performance. 
 
After hitting a five-and-a-half year high in February 2017 shortly before pouring first gold, its stock has headed south.