Arc Minerals (LON:ARCM) Releases Quarterly Earnings Results

Arc Minerals (LON:ARCM) announced its quarterly earnings results on Friday. The company reported GBX (0.47) EPS for the quarter, Digital Look Earnings reports.

Arc Minerals Trading Down 15.8%

Shares of ARCM traded down GBX 0.11 during trading hours on Friday, reaching GBX 0.60. 6,632,363 shares of the company traded hands, compared to its average volume of 8,947,287. The firm has a market cap of £14.71 million, a price-to-earnings ratio of -2.39 and a beta of 0.13. The stock’s fifty day moving average price is GBX 0.48 and its 200 day moving average price is GBX 0.55. Arc Minerals has a 12-month low of GBX 0.34 and a 12-month high of GBX 1.30. The company has a current ratio of 1.75, a quick ratio of 5.55 and a debt-to-equity ratio of 1.53.

About Arc Minerals

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.