Argos Resources (ARG) Shares Down 13.3%

Argos Resources Ltd (LON:ARG)’s share price dropped 13.3% on Friday . The company traded as low as GBX 2.60 ($0.03) and last traded at GBX 2.60 ($0.03). Approximately 111,596 shares traded hands during trading, an increase of 237% from the average daily volume of 33,098 shares. The stock had previously closed at GBX 3 ($0.04).

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About Argos Resources (LON:ARG)

Argos Resources Ltd engages in oil and gas exploration activities in the Falkland Islands. The company holds royalty interest in the production license PL001 covering an area of approximately 1,126 square kilometers located in the North Falkland basin. Argos Resources Ltd was founded in 1995 and is based in Stanley, the Falkland Islands.

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