Arkle Resources PLC (LON:ARK – Get Free Report)’s share price dropped 6.3% during trading on Thursday . The company traded as low as GBX 0.66 and last traded at GBX 0.66. Approximately 17,721,840 shares changed hands during trading, an increase of 111% from the average daily volume of 8,415,857 shares. The stock had previously closed at GBX 0.70.
Arkle Resources Stock Performance
The business has a fifty day simple moving average of GBX 0.58 and a 200-day simple moving average of GBX 0.49. The firm has a market cap of £9.45 million, a price-to-earnings ratio of -0.01 and a beta of 0.39.
Insider Transactions at Arkle Resources
In other news, insider David Cockbill bought 2,400,000 shares of the stock in a transaction on Wednesday, April 22nd. The stock was acquired at an average price of GBX 1 per share, with a total value of £24,000. 18.06% of the stock is currently owned by insiders.
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. at the Stonepark Zinc Project.
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