Arc Minerals (LON:ARCM) Sets New 1-Year Low – Here’s What Happened

Arc Minerals Limited (LON:ARCMGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 0.40 and last traded at GBX 0.44, with a volume of 7488431 shares changing hands. The stock had previously closed at GBX 0.43.

Arc Minerals Stock Up 3.1%

The company has a debt-to-equity ratio of 0.77, a quick ratio of 5.56 and a current ratio of 2.54. The business’s 50 day moving average is GBX 0.78 and its 200-day moving average is GBX 0.96. The firm has a market capitalization of £6.34 million, a price-to-earnings ratio of -1.75 and a beta of 0.54.

Arc Minerals (LON:ARCMGet Free Report) last announced its earnings results on Thursday, September 25th. The company reported GBX (0.16) earnings per share (EPS) for the quarter.

About Arc Minerals

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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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