Arc Minerals Limited (LON:ARCM – Get Free Report) hit a new 52-week low on Friday . The company traded as low as GBX 1.10 ($0.01) and last traded at GBX 1.10 ($0.01), with a volume of 2119678 shares changing hands. The stock had previously closed at GBX 1.18 ($0.01).
Arc Minerals Stock Down 6.8 %
The stock has a fifty day moving average price of GBX 1.55 and a two-hundred day moving average price of GBX 1.64. The firm has a market capitalization of £15.95 million, a P/E ratio of -307.50 and a beta of 0.54. The company has a debt-to-equity ratio of 0.77, a quick ratio of 5.56 and a current ratio of 2.54.
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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