Arc Minerals Limited (LON:ARCM – Get Free Report) shot up 15.4% during mid-day trading on Wednesday . The stock traded as high as GBX 0.75 and last traded at GBX 0.75. 6,000,522 shares changed hands during trading, a decline of 26% from the average session volume of 8,062,338 shares. The stock had previously closed at GBX 0.65.
Arc Minerals Price Performance
The stock has a market capitalization of £17.93 million, a P/E ratio of -1.55 and a beta of 0.09. The stock has a 50 day moving average price of GBX 0.63 and a 200-day moving average price of GBX 0.55.
Arc Minerals (LON:ARCM – Get Free Report) last released its earnings results on Friday, June 26th. The company reported GBX (0.47) earnings per share for the quarter.
About Arc Minerals
Arc Minerals Ltd (LSE: ARCM) is an AIM-quoted copper exploration company focused on advancing high-potential copper assets in two of Africa’s premier copper jurisdictions. The Company’s portfolio includes the Virgo Project in Botswana’s Kalahari Copper Belt and the Kabompo West Project in Zambia’s Central African Copperbelt, both offering significant exploration upside. Led by an experienced team with expertise across mining, capital markets and African operations, Arc is progressing a clear value creation strategy through targeted geophysical programmes and drilling campaigns designed to unlock the potential of its highly prospective asset base.
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