Arkle Resources (LON:ARK) Trading 15.2% Higher – Here’s Why

Shares of Arkle Resources PLC (LON:ARKGet Free Report) shot up 15.2% during trading on Tuesday . The company traded as high as GBX 0.68 and last traded at GBX 0.67. 10,238,480 shares changed hands during trading, an increase of 37% from the average session volume of 7,492,696 shares. The stock had previously closed at GBX 0.58.

Arkle Resources Trading Up 15.2%

The stock has a market capitalization of £9.81 million, a PE ratio of -0.02 and a beta of 0.39. The firm’s fifty day moving average is GBX 0.47 and its 200-day moving average is GBX 0.42.

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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