Arc Minerals Limited (LON:ARCM – Get Free Report)’s stock price was down 12.6% during trading on Friday . The stock traded as low as GBX 0.55 and last traded at GBX 0.57. Approximately 2,648,675 shares traded hands during mid-day trading, a decline of 44% from the average daily volume of 4,748,611 shares. The stock had previously closed at GBX 0.65.
Arc Minerals Price Performance
The company has a current ratio of 2.54, a quick ratio of 5.56 and a debt-to-equity ratio of 0.77. The business’s 50 day moving average price is GBX 0.54 and its two-hundred day moving average price is GBX 0.88. The stock has a market cap of £8.23 million, a P/E ratio of -2.27 and a beta of 0.54.
Arc Minerals (LON:ARCM – Get Free Report) last released its quarterly earnings results on Thursday, September 25th. The company reported GBX (0.16) earnings per share (EPS) for the quarter.
About Arc Minerals
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.
Further Reading
- Five stocks we like better than Arc Minerals
- Growth Stocks: What They Are, Examples and How to Invest
- Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500
- 3 Fintech Stocks With Good 2021 Prospects
- Forget the Chips: 4 Industrial Plays for the AI Rebound
- Investing in Construction Stocks
- MongoDB Could Hit Record Highs—But You’ll Need to Move Fast
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.
