Arc Minerals Limited (LON:ARCM – Get Free Report)’s share price fell 11.4% on Thursday . The company traded as low as GBX 1.45 ($0.02) and last traded at GBX 1.55 ($0.02). 20,404,080 shares were traded during trading, an increase of 150% from the average session volume of 8,147,501 shares. The stock had previously closed at GBX 1.75 ($0.02).
Arc Minerals Price Performance
The company’s 50-day moving average is GBX 1.75 and its 200-day moving average is GBX 1.73. The firm has a market cap of £22.48 million, a price-to-earnings ratio of -307.50 and a beta of 0.54. The company has a current ratio of 2.54, a quick ratio of 5.56 and a debt-to-equity ratio of 0.77.
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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