Shares of Arc Minerals Limited (LON:ARCM – Get Free Report) rose 15.4% during mid-day trading on Wednesday . The company traded as high as GBX 0.75 and last traded at GBX 0.75. Approximately 6,000,522 shares changed hands during trading, a decline of 26% from the average daily volume of 8,062,338 shares. The stock had previously closed at GBX 0.65.
Arc Minerals Price Performance
The firm has a market capitalization of £18.45 million, a P/E ratio of -1.60 and a beta of 0.09. The company’s 50 day moving average price is GBX 0.63 and its 200 day moving average price is GBX 0.55.
Arc Minerals (LON:ARCM – Get Free Report) last posted its quarterly earnings data on Friday, June 26th. The company reported GBX (0.47) earnings per share for the quarter.
Arc Minerals Company Profile
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.
Recommended Stories
- Five stocks we like better than Arc Minerals
- Can Tesla’s Flying Roadster Distract From Its Real Risks?
- Photronics Is Quietly Becoming a Key Winner From the AI Boom
- Looking Beyond NVIDIA? These 3 AI ETFs Are Beating the Market
- Palantir’s Kool-Aid Moment: The Math Behind Karp’s Forecast
Receive News & Ratings for Arc Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arc Minerals and related companies with MarketBeat.com's FREE daily email newsletter.
