Arkle Resources (LON:ARK) Stock Price Down 10.8% – Time to Sell?

Arkle Resources PLC (LON:ARKGet Free Report)’s share price dropped 10.8% on Friday . The company traded as low as GBX 0.22 ($0.00) and last traded at GBX 0.22 ($0.00). Approximately 429,657 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 1,398,517 shares. The stock had previously closed at GBX 0.25 ($0.00).

Arkle Resources Price Performance

The business’s fifty day moving average price is GBX 0.25 and its 200-day moving average price is GBX 0.24. The stock has a market capitalization of £1.26 million, a price-to-earnings ratio of -3.25 and a beta of 0.39.

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.

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