Arkle Resources (LON:ARK) Trading Down 15% – Should You Sell?

Arkle Resources PLC (LON:ARKGet Free Report) was down 15% on Friday . The company traded as low as GBX 0.51 and last traded at GBX 0.51. Approximately 615,832 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 8,244,205 shares. The stock had previously closed at GBX 0.60.

Arkle Resources Price Performance

The firm has a market capitalization of £7.64 million, a PE ratio of -0.01 and a beta of 0.39. The company has a 50-day moving average price of GBX 0.51 and a 200-day moving average price of GBX 0.44.

About Arkle Resources

(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.

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