Arkle Resources (LON:ARK) Trading 26.4% Higher – What’s Next?

Arkle Resources PLC (LON:ARKGet Free Report) shares were up 26.4% on Monday . The stock traded as high as GBX 0.64 and last traded at GBX 0.55. Approximately 11,508,936 shares were traded during mid-day trading, an increase of 618% from the average daily volume of 1,602,684 shares. The stock had previously closed at GBX 0.44.

Arkle Resources Stock Up 26.4%

The company has a 50 day moving average of GBX 0.41 and a 200 day moving average of GBX 0.37. The stock has a market capitalization of £4.02 million, a price-to-earnings 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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