Arkle Resources PLC (LON:ARK – Get Free Report) traded down 9.8% during trading on Tuesday . The stock traded as low as GBX 0.66 and last traded at GBX 0.70. Approximately 4,082,996 shares traded hands during trading, a decline of 49% from the average session volume of 7,951,635 shares. The stock had previously closed at GBX 0.78.
Arkle Resources Stock Performance
The stock’s 50-day simple moving average is GBX 0.66 and its 200 day simple moving average is GBX 0.55. The company has a market capitalization of £11.65 million, a PE ratio of -0.02 and a beta of 0.39.
Insider Activity at Arkle Resources
In other news, insider David Cockbill bought 2,500,000 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was purchased at an average price of GBX 1 per share, for a total transaction of £25,000. Insiders own 14.69% of the company’s stock.
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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