Shares of Arc Minerals Limited (LON:ARCM – Get Free Report) traded up 9.6% on Monday . The stock traded as high as GBX 0.45 and last traded at GBX 0.44. 431,896 shares were traded during mid-day trading, a decline of 91% from the average session volume of 4,681,464 shares. The stock had previously closed at GBX 0.40.
Arc Minerals Trading Up 9.6%
The company has a quick ratio of 5.56, a current ratio of 2.54 and a debt-to-equity ratio of 0.77. The stock’s 50 day moving average is GBX 0.60 and its two-hundred day moving average is GBX 0.90. The company has a market capitalization of £6.30 million, a PE ratio of -1.74 and a beta of 0.54.
Arc Minerals (LON:ARCM – Get Free Report) last posted its quarterly earnings results on Thursday, September 25th. The company reported GBX (0.16) EPS for the quarter.
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.
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