Arkle Resources (LON:ARK) Trading 8% Higher – Here’s Why

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

Arkle Resources Stock Performance

The business’s fifty day moving average price is GBX 0.23 and its two-hundred day moving average price is GBX 0.24. The stock has a market capitalization of £1.41 million, a P/E ratio of -3.25 and a beta of 0.39.

About Arkle Resources

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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.

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