Arkle Resources (LON:ARK) Stock Price Up 12% – Here’s Why

Arkle Resources PLC (LON:ARK)’s share price rose 12% during mid-day trading on Thursday . The stock traded as high as GBX 0.28 ($0.00) and last traded at GBX 0.28 ($0.00). Approximately 1,000,000 shares were traded during trading, a decline of 28% from the average daily volume of 1,394,797 shares. The stock had previously closed at GBX 0.25 ($0.00).

Arkle Resources Price Performance

The stock has a market capitalization of £1.41 million, a P/E ratio of -3.25 and a beta of 0.39. The stock’s 50-day simple moving average is GBX 0.24 and its 200 day simple moving average is GBX 0.24.

Arkle Resources Company Profile

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.