Armadale Capital (ACP) Shares Down 10.9%
Armadale Capital PLC (LON:ACP) dropped 10.9% on Wednesday . The company traded as low as GBX 1.11 ($0.01) and last traded at GBX 1.11 ($0.01). Approximately 128,070 shares traded hands during trading, a decline of 78% from the average daily volume of 588,611 shares. The stock had previously closed at GBX 1.25 ($0.02).
Separately, FinnCap reaffirmed a “corporate” rating on shares of Armadale Capital in a report on Thursday, September 20th.
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Armadale Capital Plc, an investment company, focuses on investing in and developing natural resources in Africa. The company holds a 100% interest in the Mahenge Liandu graphite project located in the Morogoro region, Tanzania. It also holds interest in the Mpokoto gold project located in the Democratic Republic of the Congo; and a portfolio of quoted investments.
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