Arc Minerals Limited (LON:ARCM – Get Free Report)’s share price was down 11.4% during mid-day trading on Thursday . The stock traded as low as GBX 1.45 ($0.02) and last traded at GBX 1.55 ($0.02). Approximately 20,404,080 shares were traded during mid-day trading, an increase of 150% from the average daily volume of 8,147,501 shares. The stock had previously closed at GBX 1.75 ($0.02).
Arc Minerals Price Performance
The stock has a market cap of £20.66 million, a P/E 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. The company’s fifty day simple moving average is GBX 1.74 and its 200-day simple moving average is GBX 1.72.
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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