Arkle Resources PLC (LON:ARK – Get Free Report)’s share price reached a new 52-week high on Tuesday . The company traded as high as GBX 0.88 and last traded at GBX 0.88, with a volume of 718602 shares traded. The stock had previously closed at GBX 0.83.
Arkle Resources Trading Up 6.4%
The stock has a 50-day simple moving average of GBX 0.64 and a 200 day simple moving average of GBX 0.53. The company has a market cap of £13.92 million, a price-to-earnings ratio of -0.02 and a beta of 0.39.
Insider Buying and Selling
In other news, insider David Cockbill purchased 2,500,000 shares of the stock in a transaction on Friday, May 22nd. The stock was bought at an average price of GBX 1 per share, with a total value of £25,000. Corporate insiders own 14.69% of the company’s stock.
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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