Arc Minerals Limited (LON:ARCM – Get Free Report) shares traded up 10.9% during trading on Wednesday . The stock traded as high as GBX 1.83 ($0.02) and last traded at GBX 1.78 ($0.02). 16,030,822 shares traded hands during trading, an increase of 68% from the average session volume of 9,539,734 shares. The stock had previously closed at GBX 1.60 ($0.02).
Arc Minerals Stock Performance
The company has a current ratio of 0.98, a quick ratio of 5.56 and a debt-to-equity ratio of 1.44. The stock has a market cap of £25.74 million, a price-to-earnings ratio of -307.50 and a beta of 0.56. The stock’s 50 day moving average is GBX 1.61 and its two-hundred day moving average is GBX 1.86.
About Arc Minerals
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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