Arkle Resources (LON:ARK) Trading Down 11.2% – Time to Sell?

Arkle Resources PLC (LON:ARKGet Free Report) dropped 11.2% on Wednesday . The stock traded as low as GBX 0.22 ($0.00) and last traded at GBX 0.22 ($0.00). Approximately 50,027 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 893,705 shares. The stock had previously closed at GBX 0.25 ($0.00).

Arkle Resources Trading Down 11.2 %

The company has a market cap of £1.25 million, a PE ratio of -3.25 and a beta of 0.39. The stock has a 50 day moving average price of GBX 0.25 and a 200 day moving average price of GBX 0.24.

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.

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