Arc Minerals Limited (LON:ARCM – Get Free Report)’s share price was down 5.5% during trading on Thursday . The stock traded as low as GBX 0.60 and last traded at GBX 0.69. Approximately 12,698,402 shares traded hands during trading, an increase of 108% from the average daily volume of 6,106,315 shares. The stock had previously closed at GBX 0.73.
Arc Minerals Trading Down 17.2%
The firm’s 50 day moving average price is GBX 0.55 and its 200-day moving average price is GBX 0.80. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.54 and a quick ratio of 5.56. The stock has a market cap of £8.69 million, a P/E ratio of -2.39 and a beta of 0.54.
Arc Minerals Company Profile
Arc Minerals Limited engages in the identification, evaluation, acquisition, and development of mineral properties in Africa. It holds interests in the Zambia copper and cobalt projects; and 72.5% in the Zaco copper project located in Western part of the Zambian copper belt. Arc Minerals Limited is based in Road Town, British Virgin Islands.
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