Arkle Resources (LON:ARK) Stock Price Up 22.1% – Time to Buy?

Arkle Resources PLC (LON:ARKGet Free Report) rose 22.1% on Wednesday . The company traded as high as GBX 0.38 ($0.00) and last traded at GBX 0.29 ($0.00). Approximately 18,200,328 shares were traded during trading, an increase of 1,038% from the average daily volume of 1,599,490 shares. The stock had previously closed at GBX 0.24 ($0.00).

Arkle Resources Stock Performance

The firm has a market cap of £1.95 million, a PE ratio of -3.68 and a beta of 0.39. The stock has a 50 day simple moving average of GBX 0.29 and a two-hundred day simple moving average of GBX 0.29.

Arkle Resources Company Profile

(Get Free Report)

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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