Arc Minerals Limited (LON:ARCM – Get Free Report) shares fell 6.1% during mid-day trading on Wednesday . The company traded as low as GBX 1.55 ($0.02) and last traded at GBX 1.57 ($0.02). 6,623,718 shares traded hands during trading, a decline of 23% from the average session volume of 8,595,555 shares. The stock had previously closed at GBX 1.68 ($0.02).
Arc Minerals Stock Up 4.1 %
The firm’s fifty day simple moving average is GBX 1.77 and its 200-day simple moving average is GBX 1.73. The company has a market cap of £23.85 million, a PE ratio of -307.50 and a beta of 0.54. The company has a quick ratio of 5.56, a current ratio of 0.98 and a debt-to-equity ratio of 1.44.
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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