Arkle Resources (LON:ARK) Stock Price Down 13.3% – Here’s What Happened

Arkle Resources PLC (LON:ARK)’s share price traded down 13.3% on Tuesday . The stock traded as low as GBX 0.39 and last traded at GBX 0.39. 3,604,514 shares changed hands during mid-day trading, an increase of 55% from the average session volume of 2,318,122 shares. The stock had previously closed at GBX 0.45.

Arkle Resources Trading Down 0.5%

The stock has a market cap of £2.73 million, a price-to-earnings ratio of -0.01 and a beta of 0.39. The company has a 50 day simple moving average of GBX 0.41 and a 200-day simple moving average of GBX 0.34.

Arkle Resources Company Profile

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.