Arkle Resources (LON:ARK) Stock Price Down 16% – Should You Sell?

Arkle Resources PLC (LON:ARKGet Free Report)’s stock price traded down 16% during mid-day trading on Friday . The company traded as low as GBX 0.21 ($0.00) and last traded at GBX 0.21 ($0.00). 1,000,000 shares changed hands during trading, a decline of 34% from the average session volume of 1,507,723 shares. The stock had previously closed at GBX 0.25 ($0.00).

Arkle Resources Price Performance

The stock has a 50-day moving average of GBX 0.23 and a 200-day moving average of GBX 0.25. The firm has a market cap of £1.19 million, a price-to-earnings ratio of -3.25 and a beta of 0.39.

About Arkle Resources

(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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