Arkle Resources (LON:ARK) Shares Up 8% – Time to Buy?

Arkle Resources PLC (LON:ARKGet Free Report)’s share price was up 8% on Monday . The company traded as high as GBX 0.27 ($0.00) and last traded at GBX 0.27 ($0.00). Approximately 250,000 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 1,447,721 shares. The stock had previously closed at GBX 0.25 ($0.00).

Arkle Resources Stock Performance

The stock has a market cap of £1.52 million, a price-to-earnings ratio of -3.25 and a beta of 0.39. The company has a 50-day simple moving average of GBX 0.23 and a two-hundred day simple moving average of GBX 0.24.

About Arkle Resources

(Get Free Report)

Arkle Resources PLC, together with its subsidiaries, engages in the exploration and development of mineral resources in Ireland. The company primarily explores for gold, zinc, lead, and lithium deposits. It holds various interests in 12 prospecting licences that covers an area of approximately 443 square kilometers across Ireland.

Further Reading

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