Armadale Capital (ACP) Stock Price Down 7.6%

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Armadale Capital PLC (LON:ACP) fell 7.6% during mid-day trading on Friday . The stock traded as low as GBX 1.20 ($0.02) and last traded at GBX 1.20 ($0.02). 871,184 shares changed hands during trading, an increase of 48% from the average session volume of 588,611 shares. The stock had previously closed at GBX 1.30 ($0.02).

Separately, FinnCap restated a “corporate” rating on shares of Armadale Capital in a report on Tuesday, February 19th.

The company has a quick ratio of 0.69, a current ratio of 1.13 and a debt-to-equity ratio of 24.91. The firm has a market capitalization of $4.50 million and a PE ratio of -0.50.

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Armadale Capital Company Profile (LON:ACP)

Armadale Capital Plc, an investment company, focuses on investing in and developing natural resources in Africa. The company holds a 100% interest in the Mahenge Liandu graphite project located in the Morogoro region, Tanzania. It also holds interest in the Mpokoto gold project located in the Democratic Republic of the Congo; and a portfolio of quoted investments.

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