Arkle Resources (LON:ARK) Trading Down 13.6% – Time to Sell?

Arkle Resources PLC (LON:ARKGet Free Report) shares fell 13.6% on Monday . The company traded as low as GBX 0.38 and last traded at GBX 0.38. 1,285,429 shares traded hands during trading, a decline of 42% from the average session volume of 2,207,739 shares. The stock had previously closed at GBX 0.44.

Arkle Resources Trading Down 13.6%

The stock has a market cap of £2.75 million, a P/E ratio of -0.01 and a beta of 0.39. The company’s fifty day simple moving average is GBX 0.38 and its 200-day simple moving average is GBX 0.33.

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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