Shares of Arc Minerals Limited (LON:ARCM – Get Free Report) were down 7.4% during mid-day trading on Wednesday . The company traded as low as GBX 1.25 ($0.02) and last traded at GBX 1.25 ($0.02). Approximately 1,162,972 shares changed hands during mid-day trading, a decline of 57% from the average daily volume of 2,701,396 shares. The stock had previously closed at GBX 1.35 ($0.02).
Arc Minerals Trading Down 1.9 %
The firm has a fifty day moving average of GBX 1.40 and a 200 day moving average of GBX 1.58. The firm has a market capitalization of £18.49 million, a PE ratio of -307.50 and a beta of 0.54. The company has a debt-to-equity ratio of 0.77, a quick ratio of 5.56 and a current ratio of 2.54.
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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