Arkle Resources PLC (LON:ARK – Get Free Report) shares hit a new 52-week high on Tuesday . The company traded as high as GBX 0.84 and last traded at GBX 0.80, with a volume of 14435072 shares changing hands. The stock had previously closed at GBX 0.70.
Arkle Resources Trading Up 14.3%
The stock’s fifty day moving average price is GBX 0.61 and its two-hundred day moving average price is GBX 0.52. The firm has a market capitalization of £12.68 million, a price-to-earnings ratio of -0.02 and a beta of 0.39.
Insider Buying and Selling
In related news, insider David Cockbill purchased 2,500,000 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The shares were purchased at an average cost of GBX 1 per share, for a total transaction of £25,000. 14.69% of the stock is owned by corporate insiders.
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.
Further Reading
- Five stocks we like better than Arkle Resources
- The Bank of Mom and Dad Is Booming—3 Stocks to Watch
- Corning Is Paving AI’s Future With Glass
- Why’s Amazon Suddenly Lagging the S&P 500, and Is It a Warning?
- Crypto Winter Is Here: 3 Stocks To Put On Ice This Summer
Receive News & Ratings for Arkle Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arkle Resources and related companies with MarketBeat.com's FREE daily email newsletter.
