Insider Buying: Arkle Resources (LON:ARK) Insider Acquires 2,400,000 Shares of Stock

Arkle Resources PLC (LON:ARK) insider David Cockbill purchased 2,400,000 shares of the firm’s stock in a transaction on Wednesday, April 22nd. The stock was bought at an average cost of GBX 1 per share, for a total transaction of £24,000.

Arkle Resources Price Performance

Shares of Arkle Resources stock opened at GBX 0.62 on Thursday. The business’s 50 day simple moving average is GBX 0.56 and its two-hundred day simple moving average is GBX 0.47. The stock has a market capitalization of £9.18 million, a P/E ratio of -0.01 and a beta of 0.39. Arkle Resources PLC has a one year low of GBX 0.20 and a one year high of GBX 0.73.

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.