Arkle Resources (LON:ARK) Trading Down 10.8% – Here’s Why

Arkle Resources PLC (LON:ARKGet Free Report) traded down 10.8% during trading on Friday . The stock traded as low as GBX 0.22 ($0.00) and last traded at GBX 0.22 ($0.00). 429,657 shares changed hands during trading, a decline of 69% from the average session volume of 1,398,517 shares. The stock had previously closed at GBX 0.25 ($0.00).

Arkle Resources Stock Performance

The business has a fifty day moving average of GBX 0.25 and a two-hundred day moving average of GBX 0.24. The firm has a market capitalization of £1.26 million, a price-to-earnings ratio of -3.25 and a beta of 0.39.

About Arkle Resources

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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.

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