Arc Minerals (LON:ARCM) Announces Earnings Results

Arc Minerals (LON:ARCM) released its earnings results on Friday. The company reported GBX (0.47) EPS for the quarter, Digital Look Earnings reports.

Arc Minerals Stock Down 15.8%

Shares of ARCM traded down GBX 0.11 during mid-day trading on Friday, hitting GBX 0.60. 6,632,362 shares of the company’s stock were exchanged, compared to its average volume of 8,947,287. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.75 and a quick ratio of 5.55. Arc Minerals has a 52 week low of GBX 0.34 and a 52 week high of GBX 1.30. The company has a market cap of £14.71 million, a PE ratio of -2.39 and a beta of 0.13. The company has a 50-day simple moving average of GBX 0.48 and a 200 day simple moving average of GBX 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.