Arkle Resources PLC (LON:ARK – Get Free Report) shot up 2.7% on Wednesday . The company traded as high as GBX 0.72 and last traded at GBX 0.72. Approximately 1,807,301 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 6,555,449 shares. The stock had previously closed at GBX 0.70.
Arkle Resources Price Performance
The company has a market cap of £11.47 million, a price-to-earnings ratio of -8.99 and a beta of 0.39. The company’s 50-day simple moving average is GBX 0.72 and its 200-day simple moving average is GBX 0.65.
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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