Arc Minerals (LON:ARCM) Shares Down 1.4%

Arc Minerals Limited (LON:ARCM)’s share price traded down 1.4% during mid-day trading on Friday . The stock traded as low as GBX 3.30 ($0.04) and last traded at GBX 3.48 ($0.04). 4,635,584 shares traded hands during mid-day trading, an increase of 15% from the average session volume of 4,037,652 shares. The stock had previously closed at GBX 3.53 ($0.04).

Arc Minerals Stock Down 3.5 %

The firm has a fifty day simple moving average of GBX 2.69 and a 200-day simple moving average of GBX 3.31. The company has a market capitalization of £41.82 million, a P/E ratio of -347.50 and a beta of 0.92. The company has a quick ratio of 5.56, a current ratio of 1.26 and a debt-to-equity ratio of 23.75.

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.