Arc Minerals Limited (LON:ARCM – Get Free Report)’s share price was up 10% during trading on Wednesday . The company traded as high as GBX 1.39 ($0.02) and last traded at GBX 1.38 ($0.02). Approximately 6,107,476 shares changed hands during mid-day trading, a decline of 25% from the average daily volume of 8,146,895 shares. The stock had previously closed at GBX 1.25 ($0.02).
Arc Minerals Stock Performance
The company has a quick ratio of 5.56, a current ratio of 2.54 and a debt-to-equity ratio of 0.77. The company has a market capitalization of £20.30 million, a PE ratio of -307.50 and a beta of 0.54. The company has a 50-day moving average price of GBX 1.67 and a two-hundred day moving average price of GBX 1.70.
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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