Arc Minerals (LON:ARCM) Reaches New 1-Year Low – Here’s Why

Arc Minerals Limited (LON:ARCMGet Free Report)’s share price reached a new 52-week low during trading on Friday . The company traded as low as GBX 1.05 ($0.01) and last traded at GBX 1.13 ($0.01), with a volume of 17444889 shares. The stock had previously closed at GBX 1.13 ($0.01).

Arc Minerals Stock Performance

The stock has a 50-day moving average of GBX 1.50 and a 200 day moving average of GBX 1.61. The company has a quick ratio of 5.56, a current ratio of 2.54 and a debt-to-equity ratio of 0.77. The stock has a market cap of £16.31 million, a PE ratio of -307.50 and a beta of 0.54.

Arc Minerals Company Profile

(Get Free Report)

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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