Arc Minerals Limited (LON:ARCM – Get Free Report)’s share price shot up 13.2% on Thursday . The stock traded as high as GBX 0.71 and last traded at GBX 0.71. Approximately 2,511,393 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 8,966,578 shares. The stock had previously closed at GBX 0.63.
Arc Minerals Trading Up 13.2%
The stock has a market cap of £17.46 million, a PE ratio of -2.83 and a beta of 0.13. The company’s 50-day moving average price is GBX 0.48 and its 200 day moving average price is GBX 0.54. The company has a debt-to-equity ratio of 1.53, a quick ratio of 5.55 and a current ratio of 1.75.
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.
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