Arkle Resources (LON:ARK) Trading Up 18% – Still a Buy?

Arkle Resources PLC (LON:ARKGet Free Report)’s share price was up 18% during trading on Thursday . The stock traded as high as GBX 0.30 ($0.00) and last traded at GBX 0.30 ($0.00). Approximately 1,125,861 shares traded hands during trading, a decline of 21% from the average daily volume of 1,416,383 shares. The stock had previously closed at GBX 0.25 ($0.00).

Arkle Resources Price Performance

The company has a market capitalization of £1.67 million, a PE ratio of -3.25 and a beta of 0.39. The firm has a 50-day moving average of GBX 0.23 and a 200 day moving average of GBX 0.24.

Arkle Resources Company Profile

(Get Free Report)

Arkle Resources PLC, together with its subsidiaries, engages in the exploration and development of mineral resources in Ireland. The company primarily explores for gold, zinc, lead, and lithium deposits. It holds various interests in 12 prospecting licences that covers an area of approximately 443 square kilometers across Ireland.

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