Arc Minerals Limited (LON:ARCM – Get Free Report) fell 12.6% during mid-day trading on Friday . The stock traded as low as GBX 0.55 and last traded at GBX 0.57. 2,648,675 shares traded hands during mid-day trading, a decline of 44% from the average session volume of 4,748,611 shares. The stock had previously closed at GBX 0.65.
Arc Minerals Trading Down 12.6%
The firm’s 50 day moving average price is GBX 0.54 and its 200-day moving average price is GBX 0.88. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.54 and a quick ratio of 5.56. The stock has a market cap of £8.23 million, a P/E ratio of -2.27 and a beta of 0.54.
Arc Minerals (LON:ARCM – Get Free Report) last announced its quarterly earnings data on Thursday, September 25th. The company reported GBX (0.16) earnings per share 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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