Arkle Resources (LON:ARK) Shares Climb 14.2% – What’s Next?

Arkle Resources PLC (LON:ARK – Get Free Report)’s share price traded up 14.2% on Friday. The stock traded as high as GBX 0.89 and last traded at GBX 0.89. Approximately 16,927,557 shares changed hands during trading, an increase of 170% from the average session volume of 6,264,799 shares. The stock had previously closed at GBX 0.78.

Arkle Resources Stock Up 14.2%

The business has a fifty day moving average of GBX 0.72 and a 200 day moving average of GBX 0.68. The firm has a market cap of £14.43 million, a P/E ratio of -6.81 and a beta of 0.39.

Arkle Resources Company Profile

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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. at the Stonepark Zinc Project.

Further Reading

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