Shares of Arc Minerals Limited (LON:ARCM – Get Free Report) hit a new 52-week low on Wednesday . The stock traded as low as GBX 1.23 ($0.02) and last traded at GBX 1.72 ($0.02), with a volume of 24810110 shares trading hands. The stock had previously closed at GBX 1.78 ($0.02).
Arc Minerals Stock Down 2.9 %
The firm’s 50 day moving average is GBX 2.21 and its two-hundred day moving average is GBX 2.82. The stock has a market cap of £20.60 million, a price-to-earnings ratio of -307.50 and a beta of 0.55. The company has a current ratio of 0.48, a quick ratio of 5.56 and a debt-to-equity ratio of 38.25.
About Arc Minerals
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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