Arkle Resources PLC (LON:ARK – Get Free Report) shares dropped 2.7% during mid-day trading on Wednesday . The stock traded as low as GBX 0.73 and last traded at GBX 0.73. Approximately 11,520,448 shares were traded during mid-day trading, an increase of 63% from the average daily volume of 7,068,705 shares. The stock had previously closed at GBX 0.75.
Arkle Resources Trading Down 2.7%
The company has a market cap of £11.65 million, a price-to-earnings ratio of -9.12 and a beta of 0.39. The company’s 50 day moving average price is GBX 0.73 and its 200 day moving average price is GBX 0.63.
Insider Transactions at Arkle Resources
In other news, insider David Cockbill purchased 2,500,000 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was purchased at an average cost of GBX 1 per share, with a total value of £25,000. 14.60% of the stock is owned by corporate insiders.
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.
See Also
- Five stocks we like better than Arkle Resources
- GE Vernova’s AI Power Boom Faces a Profit Test
- Cardinal Health Earnings: Can Perfection Get Priced In Twice?
- Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand
- Legacy Jet Builders Stall While Embraer Accelerates to New Highs
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.
