Arc Minerals Limited (LON:ARCM – Get Free Report) shares rose 13.8% during mid-day trading on Wednesday . The company traded as high as GBX 1.65 ($0.02) and last traded at GBX 1.65 ($0.02). Approximately 4,297,474 shares traded hands during mid-day trading, an increase of 6% from the average daily volume of 4,049,438 shares. The stock had previously closed at GBX 1.45 ($0.02).
Arc Minerals Trading Down 5.5 %
The business has a fifty day simple moving average of GBX 1.30 and a 200-day simple moving average of GBX 1.58. The company has a debt-to-equity ratio of 0.77, a quick ratio of 5.56 and a current ratio of 2.54. The firm has a market cap of £22.62 million, a price-to-earnings ratio of -307.50 and a beta of 0.54.
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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