Arc Minerals (LON:ARCM) Posts Quarterly Earnings Results

Arc Minerals (LON:ARCM) released its earnings results on Thursday. The company reported GBX (0.16) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Arc Minerals Price Performance

Shares of ARCM stock opened at GBX 1.10 on Friday. The stock has a 50 day moving average price of GBX 1.04 and a 200 day moving average price of GBX 1.21. Arc Minerals has a 52-week low of GBX 0.90 and a 52-week high of GBX 2.30. The company has a debt-to-equity ratio of 0.77, a quick ratio of 5.56 and a current ratio of 2.54. The firm has a market capitalization of £15.93 million, a P/E ratio of -733.33 and a beta of 0.54.

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.