Arkle Resources PLC (LON:ARK – Get Free Report) traded down 6.3% on Thursday . The stock traded as low as GBX 0.66 and last traded at GBX 0.66. 17,721,840 shares were traded during mid-day trading, an increase of 111% from the average session volume of 8,415,857 shares. The stock had previously closed at GBX 0.70.
Arkle Resources Stock Performance
The stock has a market capitalization of £9.45 million, a price-to-earnings ratio of -0.01 and a beta of 0.39. The company has a fifty day simple moving average of GBX 0.58 and a two-hundred day simple moving average of GBX 0.49.
Insider Activity at Arkle Resources
In other Arkle Resources news, insider David Cockbill purchased 2,400,000 shares of the stock in a transaction dated Wednesday, April 22nd. The stock was bought at an average price of GBX 1 per share, with a total value of £24,000. Company insiders own 18.06% of the company’s stock.
About Arkle Resources
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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