Arkle Resources (LON:ARK) Shares Down 10% – Here’s Why

Arkle Resources PLC (LON:ARKGet Free Report) shares fell 10% on Wednesday . The company traded as low as GBX 0.45 and last traded at GBX 0.45. 15,336,881 shares changed hands during trading, an increase of 130% from the average session volume of 6,671,978 shares. The stock had previously closed at GBX 0.50.

Arkle Resources Price Performance

The firm has a market capitalization of £3.29 million, a PE ratio of -0.01 and a beta of 0.39. The company has a 50-day moving average price of GBX 0.43 and a 200 day moving average price of GBX 0.38.

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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