Arkle Resources PLC (LON:ARK – Get Free Report)’s stock price rose 11.1% during trading on Tuesday . The stock traded as high as GBX 0.83 and last traded at GBX 0.75. Approximately 15,805,327 shares were traded during mid-day trading, an increase of 99% from the average session volume of 7,955,000 shares. The stock had previously closed at GBX 0.68.
Arkle Resources Stock Up 11.1%
The company’s fifty day simple moving average is GBX 0.68 and its two-hundred day simple moving average is GBX 0.56. The company has a market capitalization of £11.89 million, a price-to-earnings ratio of -0.09 and a beta of 0.39.
Insider Buying and Selling
In other Arkle Resources news, insider David Cockbill acquired 2,500,000 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were acquired at an average price of GBX 1 per share, with a total value of £25,000. Insiders own 14.69% of the company’s stock.
Arkle Resources Company Profile
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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