Arc Minerals Limited (LON:ARCM – Get Free Report)’s share price traded up 15.6% on Friday . The stock traded as high as GBX 0.59 and last traded at GBX 0.58. 19,859,633 shares traded hands during mid-day trading, an increase of 122% from the average session volume of 8,946,805 shares. The stock had previously closed at GBX 0.50.
Arc Minerals Price Performance
The company has a current ratio of 1.75, a quick ratio of 5.56 and a debt-to-equity ratio of 1.53. The company’s fifty day moving average is GBX 0.45 and its two-hundred day moving average is GBX 0.53. The stock has a market cap of £14.22 million, a price-to-earnings ratio of -2.31 and a beta of 0.08.
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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