Arc Minerals (LON:ARCM) Hits New 52-Week Low – What’s Next?

Arc Minerals Limited (LON:ARCMGet Free Report) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 0.45 and last traded at GBX 0.55, with a volume of 10950283 shares changing hands. The stock had previously closed at GBX 0.50.

Arc Minerals Trading Up 10.0%

The stock’s fifty day simple moving average is GBX 0.95 and its 200 day simple moving average is GBX 1.07. The firm has a market capitalization of £7.96 million, a PE ratio of -2.19 and a beta of 0.54. The company has a quick ratio of 5.56, a current ratio of 2.54 and a debt-to-equity ratio of 0.77.

Arc Minerals (LON:ARCMGet Free Report) last issued its quarterly earnings results on Thursday, September 25th. The company reported GBX (0.16) EPS for the quarter.

About Arc Minerals

(Get Free Report)

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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