Arc Minerals Limited (LON:ARCM – Get Free Report) shares fell 7.3% during trading on Wednesday . The company traded as low as GBX 0.67 and last traded at GBX 0.70. 3,107,436 shares changed hands during trading, a decline of 56% from the average session volume of 7,023,119 shares. The stock had previously closed at GBX 0.75.
Arc Minerals Stock Down 11.3%
The firm has a market cap of £9.63 million, a price-to-earnings ratio of -2.65 and a beta of 0.54. The firm’s fifty day moving average is GBX 0.49 and its two-hundred day moving average is GBX 0.83. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.54 and a quick ratio of 5.56.
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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