Arc Minerals Limited (LON:ARCM – Get Free Report)’s stock price rose 10% during trading on Monday . The company traded as high as GBX 1.59 ($0.02) and last traded at GBX 1.59 ($0.02). Approximately 6,637,959 shares changed hands during mid-day trading, an increase of 63% from the average daily volume of 4,078,118 shares. The stock had previously closed at GBX 1.45 ($0.02).
Arc Minerals Price Performance
The company has a current ratio of 2.54, a quick ratio of 5.56 and a debt-to-equity ratio of 0.77. The firm’s 50-day moving average price is GBX 1.50 and its 200-day moving average price is GBX 1.55. The stock has a market capitalization of £22.91 million, a PE ratio of 2.48 and a beta of 0.54.
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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