Arc Minerals (LON:ARCM) Sets New 52-Week Low – Should You Sell?

Arc Minerals Limited (LON:ARCMGet Free Report) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 0.35 and last traded at GBX 0.37, with a volume of 1401643 shares changing hands. The stock had previously closed at GBX 0.38.

Arc Minerals Price Performance

The firm has a 50-day simple moving average of GBX 0.63 and a 200-day simple moving average of GBX 0.91. The firm has a market cap of £5.36 million, a P/E ratio of -1.48 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.

Arc Minerals (LON:ARCMGet Free Report) last issued its quarterly earnings data on Thursday, September 25th. The company reported GBX (0.16) earnings per share for the quarter.

About Arc Minerals

(Get Free Report)

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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