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