Arkle Resources (LON:ARK) Trading Down 20% – Here’s Why

Arkle Resources PLC (LON:ARKGet Free Report)’s stock price fell 20% on Monday . The stock traded as low as GBX 0.20 ($0.00) and last traded at GBX 0.20 ($0.00). 537,634 shares changed hands during trading, a decline of 29% from the average session volume of 753,119 shares. The stock had previously closed at GBX 0.25 ($0.00).

Arkle Resources Trading Up 69.0 %

The company has a market cap of £2.29 million, a price-to-earnings ratio of -4.34 and a beta of 0.39. The company has a fifty day moving average price of GBX 0.25 and a two-hundred day moving average price of GBX 0.24.

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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