Arkle Resources (LON:ARK) Shares Up 15.8%

Arkle Resources PLC (LON:ARKGet Rating) shot up 15.8% during mid-day trading on Thursday . The stock traded as high as GBX 0.74 ($0.01) and last traded at GBX 0.55 ($0.01). 19,849,459 shares were traded during trading, an increase of 1,708% from the average session volume of 1,097,847 shares. The stock had previously closed at GBX 0.48 ($0.01).

Arkle Resources Stock Up 15.8 %

The firm has a market capitalization of £1.90 million and a P/E ratio of -3.25. The company’s 50 day moving average is GBX 0.54 and its 200-day moving average is GBX 0.64.

Arkle Resources Company Profile

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Arkle Resources PLC, together with its subsidiaries, engages in the exploration and development of mineral resources in Ireland. The company primarily explores for gold, zinc, and lead deposits. It holds interests in 28 prospecting licences throughout Ireland. The company was formerly known as Connemara Mining Company Plc and changed its name to Arkle Resources PLC in March 2019.

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