Arc Minerals Limited (LON:ARCM – Get Free Report) shares shot up 17.6% during trading on Thursday . The stock traded as high as GBX 0.40 and last traded at GBX 0.40. 4,136,110 shares were traded during trading, a decline of 32% from the average session volume of 6,061,238 shares. The stock had previously closed at GBX 0.34.
Arc Minerals Price Performance
The firm has a fifty day simple moving average of GBX 0.46 and a 200 day simple moving average of GBX 0.53. The company has a market capitalization of £9.22 million, a PE ratio of -1.50 and a beta of 0.21. The company has a debt-to-equity ratio of 1.53, a quick ratio of 5.56 and a current ratio of 1.75.
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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