Insider Buying: Arkle Resources (LON:ARK) Insider Acquires £24,000 in Stock

Arkle Resources PLC (LON:ARK) insider David Cockbill bought 2,400,000 shares of the business’s stock in a transaction dated Wednesday, April 22nd. The shares were bought at an average cost of GBX 1 per share, for a total transaction of £24,000.

Arkle Resources Stock Performance

LON:ARK opened at GBX 0.54 on Friday. The firm has a market capitalization of £7.96 million, a PE ratio of -0.01 and a beta of 0.39. The stock’s fifty day moving average is GBX 0.56 and its 200 day moving average is GBX 0.47. Arkle Resources PLC has a fifty-two week low of GBX 0.20 and a fifty-two week high of GBX 0.73.

About Arkle Resources

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.