Arkle Resources PLC (LON:ARK – Get Free Report)’s stock price shot up 12.7% during mid-day trading on Tuesday. The company traded as high as GBX 0.64 and last traded at GBX 0.62. 4,384,954 shares were traded during mid-day trading, a decline of 31% from the average session volume of 6,390,895 shares. The stock had previously closed at GBX 0.55.
Arkle Resources Price Performance
The company’s 50-day simple moving average is GBX 0.71 and its 200 day simple moving average is GBX 0.63. The firm has a market cap of £10.11 million, a P/E ratio of -4.77 and a beta of 0.39.
About Arkle Resources
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.
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