Arkle Resources (LON:ARK) Hits New 1-Year High – What’s Next?
by Doug Wharley · The Cerbat GemArkle Resources PLC (LON:ARK – Get Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 0.73 and last traded at GBX 0.62, with a volume of 20408672 shares traded. The stock had previously closed at GBX 0.63.
Arkle Resources Price Performance
The firm has a market capitalization of £10.12 million, a price-to-earnings ratio of -0.02 and a beta of 0.39. The firm has a 50 day moving average price of GBX 0.48 and a 200-day moving average price of GBX 0.42.
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.