Shares of Arkle Resources PLC (LON:ARK – Get Free Report) were up 7.7% during mid-day trading on Friday . The stock traded as high as GBX 0.75 and last traded at GBX 0.70. Approximately 1,922,551 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 8,138,420 shares. The stock had previously closed at GBX 0.65.
Arkle Resources Stock Performance
The firm has a market capitalization of £10.65 million, a P/E ratio of -0.02 and a beta of 0.39. The firm has a 50-day moving average of GBX 0.58 and a 200-day moving average of GBX 0.49.
Insider Transactions at Arkle Resources
In other Arkle Resources news, insider David Cockbill acquired 2,400,000 shares of the stock in a transaction that occurred on Wednesday, April 22nd. The shares were acquired at an average cost of GBX 1 per share, with a total value of £24,000. Company insiders own 18.06% of the company’s stock.
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.
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