Arkle Resources (LON:ARK) Shares Down 15.1% – Here’s What Happened

Shares of Arkle Resources PLC (LON:ARKGet Free Report) dropped 15.1% during mid-day trading on Tuesday . The company traded as low as GBX 0.47 and last traded at GBX 0.47. Approximately 2,529,702 shares were traded during mid-day trading, an increase of 52% from the average daily volume of 1,660,018 shares. The stock had previously closed at GBX 0.55.

Arkle Resources Stock Down 16.7%

The stock has a 50-day moving average of GBX 0.41 and a 200 day moving average of GBX 0.37. The stock has a market cap of £3.35 million, a PE ratio of -0.01 and a beta of 0.39.

About Arkle Resources

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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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