Arc Minerals (LON:ARCM) Sets New 12-Month Low – Should You Sell?

Arc Minerals Limited (LON:ARCMGet Free Report)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 0.45 and last traded at GBX 0.48, with a volume of 601298 shares. The stock had previously closed at GBX 0.48.

Arc Minerals Stock Performance

The business’s fifty day moving average price is GBX 0.86 and its two-hundred day moving average price is GBX 1. The company has a debt-to-equity ratio of 0.77, a quick ratio of 5.56 and a current ratio of 2.54. The stock has a market capitalization of £6.98 million, a P/E ratio of -1.92 and a beta of 0.54.

Arc Minerals (LON:ARCMGet Free Report) last released its quarterly earnings results on Thursday, September 25th. The company reported GBX (0.16) EPS for the quarter.

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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