Shares of Arc Minerals Limited (LON:ARCM – Get Free Report) were up 15.6% during trading on Friday . The stock traded as high as GBX 0.59 and last traded at GBX 0.58. Approximately 19,859,633 shares were traded during trading, an increase of 122% from the average daily volume of 8,946,805 shares. The stock had previously closed at GBX 0.50.
Arc Minerals Trading Up 15.6%
The firm has a market capitalization of £14.22 million, a price-to-earnings ratio of -2.31 and a beta of 0.08. The firm’s 50 day moving average is GBX 0.44 and its 200 day moving average is GBX 0.53. The company has a quick ratio of 5.56, a current ratio of 1.75 and a debt-to-equity ratio of 1.53.
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.
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