Arkle Resources PLC (LON:ARK – Get Free Report) was down 6.3% during trading on Thursday . The stock traded as low as GBX 0.66 and last traded at GBX 0.66. Approximately 17,721,840 shares changed hands during mid-day trading, an increase of 111% from the average daily volume of 8,415,857 shares. The stock had previously closed at GBX 0.70.
Arkle Resources Price Performance
The firm’s 50 day moving average is GBX 0.58 and its 200 day moving average is GBX 0.49. The company has a market capitalization of £10.95 million, a PE ratio of -0.02 and a beta of 0.39.
Insider Activity at Arkle Resources
In other news, insider David Cockbill bought 2,400,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 22nd. The shares were bought at an average cost of GBX 1 per share, with a total value of £24,000. 18.06% of the stock is currently owned by insiders.
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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