Arkle Resources (LON:ARK) Trading Down 11.2% – Time to Sell?

Arkle Resources PLC (LON:ARKGet Free Report) dropped 11.2% during mid-day trading on Wednesday . The company traded as low as GBX 0.22 ($0.00) and last traded at GBX 0.22 ($0.00). Approximately 50,027 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 893,705 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 company’s 50 day moving average price is GBX 0.25 and its 200 day moving average price is GBX 0.24.

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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