Arc Minerals (LON:ARCM) Shares Up 4.7% – What’s Next?

Shares of Arc Minerals Limited (LON:ARCMGet Free Report) were up 4.7% during mid-day trading on Friday . The stock traded as high as GBX 0.65 and last traded at GBX 0.58. 5,016,531 shares traded hands during trading, a decline of 43% from the average daily volume of 8,736,942 shares. The stock had previously closed at GBX 0.55.

Arc Minerals Price Performance

The company has a fifty day moving average price of GBX 0.51 and a two-hundred day moving average price of GBX 0.56. The firm has a market cap of £14.17 million, a price-to-earnings ratio of -1.23 and a beta of 0.09.

Arc Minerals (LON:ARCMGet Free Report) last issued its quarterly earnings results on Friday, June 26th. The company reported GBX (0.47) EPS for the quarter.

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.

Read More

Receive News & Ratings for Arc Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arc Minerals and related companies with MarketBeat.com's FREE daily email newsletter.