Arc Minerals Limited (LON:ARCM – Get Free Report)’s stock price dropped 15.5% during mid-day trading on Friday . The company traded as low as GBX 0.56 and last traded at GBX 0.60. Approximately 13,692,408 shares changed hands during trading, an increase of 52% from the average session volume of 9,005,635 shares. The stock had previously closed at GBX 0.71.
Arc Minerals Stock Performance
The business has a 50-day simple moving average of GBX 0.49 and a 200 day simple moving average of GBX 0.55. The firm has a market cap of £14.76 million, a P/E ratio of -2.39 and a beta of 0.13.
Arc Minerals (LON:ARCM – Get Free Report) last issued its quarterly earnings data on Friday, June 26th. The company reported GBX (0.47) earnings per share 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.
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