Arkle Resources (LON:ARK) Reaches New 12-Month High – Time to Buy?

Arkle Resources PLC (LON:ARKGet Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 0.73 and last traded at GBX 0.62, with a volume of 20408672 shares traded. The stock had previously closed at GBX 0.63.

Arkle Resources Price Performance

The firm’s 50 day moving average price is GBX 0.48 and its 200 day moving average price is GBX 0.42. The stock has a market capitalization of £9.17 million, a P/E ratio of -0.01 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. at the Stonepark Zinc Project.

Further Reading

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