Arkle Resources (LON:ARK) Shares Down 13.4% – Time to Sell?

Arkle Resources PLC (LON:ARKGet Free Report)’s share price fell 13.4% during mid-day trading on Monday . The stock traded as low as GBX 0.32 ($0.00) and last traded at GBX 0.32 ($0.00). 5,109,076 shares changed hands during mid-day trading, an increase of 203% from the average session volume of 1,688,765 shares. The stock had previously closed at GBX 0.37 ($0.00).

Arkle Resources Price Performance

The stock has a market capitalization of £2.25 million, a price-to-earnings ratio of -4.26 and a beta of 0.39. The stock has a 50-day moving average of GBX 0.26 and a 200 day moving average of GBX 0.24.

Arkle Resources Company Profile

(Get Free Report)

Arkle is a diversified exploration company with principal assets in gold and zinc exploration licences across Ireland. The Company has two 100% owned gold projects (Mine River and Inishowen) and is in joint venture with Teck Ireland Ltd. at the Oldcastle Zinc Project and with Group Eleven Resources Corp.

Further Reading

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