Arkle Resources (LON:ARK) Shares Down 11.2% – Should You Sell?

Shares of Arkle Resources PLC (LON:ARKGet Free Report) dropped 11.2% during mid-day trading on Monday . The stock traded as low as GBX 0.22 ($0.00) and last traded at GBX 0.22 ($0.00). Approximately 200,000 shares were traded during trading, a decline of 74% from the average daily volume of 780,995 shares. The stock had previously closed at GBX 0.25 ($0.00).

Arkle Resources Stock Down 11.2 %

The firm has a market capitalization of £1.25 million, a price-to-earnings ratio of -3.25 and a beta of 0.39. The business’s fifty day moving average is GBX 0.25 and its 200 day moving average is GBX 0.24.

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.

Featured Stories

Receive News & Ratings for Arkle Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arkle Resources and related companies with MarketBeat.com's FREE daily email newsletter.