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

Shares of Arc Minerals Limited (LON:ARCMGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 0.35 and last traded at GBX 0.40, with a volume of 3502700 shares. The stock had previously closed at GBX 0.40.

Arc Minerals Stock Down 6.7%

The stock has a market capitalization of £8.61 million, a PE ratio of -1.40 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. The business’s fifty day moving average price is GBX 0.47 and its two-hundred day moving average price is GBX 0.53.

Arc Minerals Company Profile

(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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