Arc Minerals Limited (LON:ARCM – Get Free Report)’s share price traded down 4% during trading on Friday . The company traded as low as GBX 0.45 and last traded at GBX 0.48. 62,090,152 shares were traded during mid-day trading, an increase of 643% from the average session volume of 8,359,389 shares. The stock had previously closed at GBX 0.50.
Arc Minerals Trading Down 4.0%
The stock has a market cap of £11.81 million, a price-to-earnings ratio of -1.92 and a beta of 0.21. The business’s fifty day simple moving average is GBX 0.45 and its 200 day simple moving average is GBX 0.53. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.75 and a quick ratio of 5.56.
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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