Arc Minerals Limited (LON:ARCM – Get Free Report)’s share price traded up 13.8% during trading on Wednesday . The company traded as high as GBX 1.65 ($0.02) and last traded at GBX 1.65 ($0.02). 4,297,474 shares traded hands during trading, an increase of 6% from the average session volume of 4,049,438 shares. The stock had previously closed at GBX 1.45 ($0.02).
Arc Minerals Stock Up 13.8 %
The business’s 50 day simple moving average is GBX 1.30 and its 200 day simple moving average is GBX 1.58. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.54 and a quick ratio of 5.56. The company has a market capitalization of £23.93 million, a PE ratio of -307.50 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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