Arc Minerals (LON:ARCM) Reaches New 12-Month Low – Here’s Why

Arc Minerals Limited (LON:ARCMGet Free Report) reached a new 52-week low on Tuesday . The company traded as low as GBX 0.35 and last traded at GBX 0.35, with a volume of 2999508 shares changing hands. The stock had previously closed at GBX 0.38.

Arc Minerals Stock Down 6.7%

The company has a debt-to-equity ratio of 1.53, a current ratio of 1.75 and a quick ratio of 5.56. The stock has a fifty day moving average of GBX 0.50 and a two-hundred day moving average of GBX 0.53. The firm has a market capitalization of £8.61 million, a price-to-earnings ratio of -1.40 and a beta of 0.21.

About Arc Minerals

(Get Free Report)

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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