Arkle Resources (LON:ARK) Stock Price Up 25.5% – Still a Buy?

Shares of Arkle Resources PLC (LON:ARKGet Free Report) rose 25.5% during trading on Wednesday . The stock traded as high as GBX 0.25 ($0.00) and last traded at GBX 0.25 ($0.00). Approximately 1,000,000 shares were traded during trading, a decline of 35% from the average daily volume of 1,542,624 shares. The stock had previously closed at GBX 0.20 ($0.00).

Arkle Resources Stock Down 18.0 %

The stock’s 50-day moving average price is GBX 0.23 and its 200 day moving average price is GBX 0.25. The company has a market cap of £1.16 million, a P/E ratio of -3.25 and a beta of 0.39.

Arkle Resources Company Profile

(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.

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