Arkle Resources PLC (LON:ARK – Get Free Report) was up 10.2% during trading on Wednesday . The company traded as high as GBX 0.84 and last traded at GBX 0.84. Approximately 16,389,484 shares traded hands during trading, an increase of 93% from the average daily volume of 8,503,538 shares. The stock had previously closed at GBX 0.77.
Arkle Resources Trading Down 2.3%
The stock’s 50 day moving average price is GBX 0.63 and its 200 day moving average price is GBX 0.53. The company has a market cap of £12.78 million, a price-to-earnings ratio of -0.02 and a beta of 0.39.
Insider Activity at Arkle Resources
In other Arkle Resources news, insider David Cockbill bought 2,500,000 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The stock was purchased at an average price of GBX 1 per share, with a total value of £25,000. 14.69% of the stock is currently owned by corporate insiders.
Arkle Resources Company Profile
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.
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