Arc Minerals Limited (LON:ARCM – Get Free Report) shares traded down 5.5% on Thursday . The stock traded as low as GBX 0.60 and last traded at GBX 0.69. 12,698,402 shares traded hands during trading, an increase of 108% from the average session volume of 6,106,315 shares. The stock had previously closed at GBX 0.73.
Arc Minerals Stock Down 17.2%
The stock’s 50-day moving average is GBX 0.55 and its 200-day moving average is GBX 0.80. The company has a market cap of £8.69 million, a price-to-earnings ratio of -2.39 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 Company Profile
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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