Arc Minerals Limited (LON:ARCM – Get Free Report) shares were up 19.1% on Thursday . The company traded as high as GBX 2.03 ($0.03) and last traded at GBX 2.03 ($0.03). Approximately 14,574,081 shares traded hands during trading, an increase of 80% from the average daily volume of 8,097,912 shares. The stock had previously closed at GBX 1.70 ($0.02).
Arc Minerals Stock Up 3.8 %
The stock has a market capitalization of £30.09 million, a price-to-earnings ratio of -307.50 and a beta of 0.54. The business’s 50-day moving average is GBX 1.76 and its two-hundred day moving average is GBX 1.71. The company has a quick ratio of 5.56, a current ratio of 2.54 and a debt-to-equity ratio of 0.77.
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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