Arc Minerals (LON:ARCM) Reaches New 12-Month Low – Here’s Why

Arc Minerals Limited (LON:ARCMGet Free Report) hit a new 52-week low on Tuesday . The company traded as low as GBX 0.35 and last traded at GBX 0.35, with a volume of 2999508 shares traded. The stock had previously closed at GBX 0.38.

Arc Minerals Trading Down 6.7%

The stock has a market cap of £8.61 million, a price-to-earnings ratio of -1.40 and a beta of 0.21. The business has a 50-day simple moving average of GBX 0.50 and a two-hundred day simple moving average of GBX 0.53. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.75 and a quick ratio of 5.56.

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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