Arc Minerals Limited (LON:ARCM – Get Free Report)’s share price dropped 15.5% during mid-day trading on Friday . The stock traded as low as GBX 0.56 and last traded at GBX 0.60. Approximately 13,692,408 shares traded hands during trading, an increase of 52% from the average session volume of 9,005,635 shares. The stock had previously closed at GBX 0.71.
Arc Minerals Stock Down 15.5%
The stock has a market cap of £14.76 million, a price-to-earnings ratio of -2.39 and a beta of 0.13. The business has a fifty day moving average of GBX 0.48 and a 200 day moving average of GBX 0.55. 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 (LON:ARCM – Get Free Report) last posted its earnings results on Friday, June 26th. The company reported GBX (0.47) EPS for the quarter.
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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