Arc Minerals (LON:ARCM) Announces Quarterly Earnings Results

Arc Minerals (LON:ARCM) issued its earnings results on Monday. The company reported GBX (0.10) EPS for the quarter, Digital Look Earnings reports.

Arc Minerals Stock Up 7.7%

Shares of LON:ARCM opened at GBX 0.70 on Wednesday. Arc Minerals has a fifty-two week low of GBX 0.34 and a fifty-two week high of GBX 1.30. The company has a market cap of £17.22 million, a PE ratio of -1.49 and a beta of 0.09. The company’s 50-day moving average price is GBX 0.64 and its 200 day moving average price is GBX 0.56.

About Arc Minerals

Arc Minerals Ltd (LSE: ARCM) is an AIM-quoted copper exploration company focused on advancing high-potential copper assets in two of Africa’s premier copper jurisdictions. The Company’s portfolio includes the Virgo Project in Botswana’s Kalahari Copper Belt and the Kabompo West Project in Zambia’s Central African Copperbelt, both offering significant exploration upside. Led by an experienced team with expertise across mining, capital markets and African operations, Arc is progressing a clear value creation strategy through targeted geophysical programmes and drilling campaigns designed to unlock the potential of its highly prospective asset base.