Arkle Resources (LON:ARK) Trading Down 9.6% – Here’s Why

Arkle Resources PLC (LON:ARKGet Free Report)’s stock price was down 9.6% on Wednesday . The stock traded as low as GBX 0.41 ($0.01) and last traded at GBX 0.41 ($0.01). Approximately 3,812,511 shares changed hands during trading, an increase of 65% from the average daily volume of 2,305,764 shares. The stock had previously closed at GBX 0.45 ($0.01).

Arkle Resources Stock Performance

The company has a fifty day moving average of GBX 0.34 and a two-hundred day moving average of GBX 0.30. The company has a market cap of £2.98 million, a PE ratio of -0.95 and a beta of 0.39.

About Arkle Resources

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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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