Arkle Resources (LON:ARK) Trading Down 6.7% – Should You Sell?

Arkle Resources PLC (LON:ARKGet Free Report)’s stock price was down 6.7% during trading on Friday . The company traded as low as GBX 0.49 and last traded at GBX 0.49. Approximately 963,944 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 6,517,923 shares. The stock had previously closed at GBX 0.53.

Arkle Resources Price Performance

The firm has a market cap of £6.92 million, a P/E ratio of -0.01 and a beta of 0.39. The company’s 50 day moving average is GBX 0.44 and its two-hundred day moving average is GBX 0.40.

Arkle Resources Company Profile

(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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