Shares of Arc Minerals Limited (LON:ARCM – Get Free Report) traded up 11.1% on Monday . The company traded as high as GBX 1.29 ($0.02) and last traded at GBX 1.25 ($0.02). 12,422,970 shares changed hands during mid-day trading, an increase of 60% from the average session volume of 7,777,451 shares. The stock had previously closed at GBX 1.13 ($0.01).
Arc Minerals Trading Up 11.1 %
The company has a 50-day moving average price of GBX 1.50 and a 200-day moving average price of GBX 1.61. The company has a market capitalization of £18.13 million, a price-to-earnings ratio of -307.50 and a beta of 0.54. The company has a quick ratio of 5.56, a current ratio of 2.54 and a debt-to-equity ratio of 0.77.
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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