Arc Minerals (LON:ARCM) Announces Quarterly Earnings Results

Arc Minerals (LON:ARCM) released its earnings results on Friday. The company reported GBX (0.47) earnings per share for the quarter, Digital Look Earnings reports.

Arc Minerals Trading Down 15.5%

Shares of ARCM opened at GBX 0.60 on Friday. The firm has a 50-day moving average price of GBX 0.49 and a 200 day moving average price of GBX 0.55. The company has a current ratio of 1.75, a quick ratio of 5.55 and a debt-to-equity ratio of 1.53. The firm has a market capitalization of £14.76 million, a P/E ratio of -2.39 and a beta of 0.13. Arc Minerals has a 12-month low of GBX 0.34 and a 12-month high of GBX 1.30.

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.