Arc Minerals Limited (LON:ARCM – Get Free Report)’s stock price shot up 17.6% during mid-day trading on Thursday . The company traded as high as GBX 0.40 and last traded at GBX 0.40. 4,136,110 shares changed hands during mid-day trading, a decline of 32% from the average session volume of 6,061,238 shares. The stock had previously closed at GBX 0.34.
Arc Minerals Price Performance
The stock has a fifty day moving average price of GBX 0.46 and a 200-day moving average price of GBX 0.53. The firm has a market capitalization of £9.22 million, a PE ratio of -1.50 and a beta of 0.21. The company has a debt-to-equity ratio of 1.53, a quick ratio of 5.56 and a current ratio of 1.75.
Arc Minerals Company Profile
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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