Arc Minerals Limited (LON:ARCM – Get Free Report) shares rose 13.8% on Wednesday . The stock traded as high as GBX 1.65 ($0.02) and last traded at GBX 1.65 ($0.02). Approximately 4,297,474 shares changed hands during 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 Stock Performance
The company has a current ratio of 2.54, a quick ratio of 5.56 and a debt-to-equity ratio of 0.77. The company has a market capitalization of £23.93 million, a price-to-earnings ratio of -307.50 and a beta of 0.54. The stock’s fifty day simple moving average is GBX 1.30 and its 200-day simple moving average is GBX 1.58.
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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