Arkle Resources (LON:ARK) Trading Down 6.7% – Here’s What Happened

Shares of Arkle Resources PLC (LON:ARKGet Free Report) were down 6.7% during trading on Friday . The stock traded as low as GBX 0.35 ($0.00) and last traded at GBX 0.35 ($0.00). Approximately 16,352,078 shares were traded during mid-day trading, an increase of 668% from the average daily volume of 2,129,475 shares. The stock had previously closed at GBX 0.38 ($0.01).

Arkle Resources Stock Down 7.2%

The business has a 50-day simple moving average of GBX 0.30 and a two-hundred day simple moving average of GBX 0.30. The stock has a market capitalization of £2.55 million, a P/E ratio of -0.81 and a beta of 0.39.

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.

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