Arc Minerals (LON:ARCM) Hits New 12-Month Low at $1.23

Arc Minerals Limited (LON:ARCM)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 1.23 ($0.02) and last traded at GBX 1.72 ($0.02), with a volume of 24810110 shares trading hands. The stock had previously closed at GBX 1.78 ($0.02).

Arc Minerals Price Performance

The company has a current ratio of 0.48, a quick ratio of 5.56 and a debt-to-equity ratio of 38.25. The business has a fifty day simple moving average of GBX 2.25 and a 200 day simple moving average of GBX 2.83. The stock has a market capitalization of £21.22 million, a P/E ratio of -307.50 and a beta of 0.55.

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.