Arkle Resources (LON:ARK) Stock Price Up 6.7% – Still a Buy?

Arkle Resources PLC (LON:ARKGet Free Report)’s stock price rose 6.7% during trading on Monday . The stock traded as high as GBX 0.40 and last traded at GBX 0.40. Approximately 5,025,000 shares traded hands during mid-day trading, an increase of 110% from the average daily volume of 2,397,354 shares. The stock had previously closed at GBX 0.38.

Arkle Resources Price Performance

The company has a market cap of £2.93 million, a PE ratio of -0.01 and a beta of 0.39. The company has a 50-day moving average price of GBX 0.41 and a two-hundred day moving average price of GBX 0.35.

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. at the Stonepark Zinc Project.

Further Reading

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