Arc Minerals Limited (LON:ARCM – Get Free Report)’s share price traded up 20% during mid-day trading on Wednesday . The stock traded as high as GBX 0.50 and last traded at GBX 0.48. 47,235,445 shares were traded during mid-day trading, an increase of 636% from the average session volume of 6,417,220 shares. The stock had previously closed at GBX 0.40.
Arc Minerals Price Performance
The firm’s 50-day moving average price is GBX 0.45 and its 200-day moving average price is GBX 0.53. The company has a market cap of £12.30 million, a price-to-earnings ratio of -2.00 and a beta of 0.21. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.75 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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