Arc Minerals (LON:ARCM) Announces Earnings Results

Arc Minerals (LON:ARCM – Get Free Report) posted its earnings results on Friday. The company reported GBX (0.47) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Arc Minerals Stock Down 15.8%

Shares of ARCM stock traded down GBX 0.11 during trading hours on Friday, hitting GBX 0.60. 6,632,362 shares of the company were exchanged, compared to its average volume of 8,947,287. The business has a 50 day moving average of GBX 0.48 and a two-hundred day moving average of GBX 0.55. The company has a current ratio of 1.75, a quick ratio of 5.55 and a debt-to-equity ratio of 1.53. Arc Minerals has a 52 week low of GBX 0.34 and a 52 week high of GBX 1.30. The company has a market capitalization of £14.71 million, a PE ratio of -2.39 and a beta of 0.13.

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Arc Minerals Company Profile

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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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