Arkle Resources (LON:ARK) Shares Down 8.7% – Here’s What Happened

Arkle Resources PLC (LON:ARKGet Free Report) traded down 8.7% during trading on Wednesday . The stock traded as low as GBX 0.50 and last traded at GBX 0.50. 14,270,001 shares were traded during mid-day trading, an increase of 88% from the average session volume of 7,606,270 shares. The stock had previously closed at GBX 0.55.

Arkle Resources Trading Down 8.7%

The stock has a fifty day simple moving average of GBX 0.46 and a two-hundred day simple moving average of GBX 0.41. The firm has a market cap of £7.37 million, a PE ratio of -0.01 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. at the Stonepark Zinc Project.

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