Arc Minerals Limited (LON:ARCM – Get Free Report) shares were down 4.8% during mid-day trading on Thursday . The stock traded as low as GBX 0.48 ($0.01) and last traded at GBX 0.50 ($0.01). Approximately 26,672,945 shares changed hands during trading, an increase of 457% from the average daily volume of 4,790,496 shares. The stock had previously closed at GBX 0.53 ($0.01).
Arc Minerals Trading Up 5.3%
The company has a 50 day moving average of GBX 1.04 and a 200-day moving average of GBX 1.13. The company has a debt-to-equity ratio of 0.77, a quick ratio of 5.56 and a current ratio of 2.54. The stock has a market cap of £7.24 million, a price-to-earnings ratio of -3.33 and a beta of 0.54.
Arc Minerals (LON:ARCM – Get Free Report) last posted its earnings results on Thursday, September 25th. The company reported GBX (0.16) earnings per share (EPS) for the quarter.
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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