Armadale Capital PLC (LON:ACP) rose 20.8% during mid-day trading on Tuesday . The stock traded as high as GBX 1.40 ($0.02) and last traded at GBX 1.21 ($0.02). Approximately 5,866,437 shares were traded during mid-day trading, an increase of 897% from the average daily volume of 588,611 shares. The stock had previously closed at GBX 1 ($0.01).
Separately, FinnCap restated a “corporate” rating on shares of Armadale Capital in a research report on Tuesday.
Armadale Capital Company Profile (LON:ACP)
Armadale Capital Plc, an investment company, focuses on investing in and developing natural resources in Africa. The company holds a 100% interest in the Mahenge Liandu graphite project located in the Morogoro region, Tanzania. It also holds interest in the Mpokoto gold project located in the Democratic Republic of the Congo; and a portfolio of quoted investments.
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