Shares of Arc Minerals Limited (LON:ARCM – Get Free Report) rose 10% during mid-day 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 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 Trading Down 3.0 %
The stock has a fifty day moving average of GBX 1.50 and a 200-day moving average of GBX 1.55. The company has a market cap of £22.91 million, a PE ratio of 2.48 and a beta of 0.54. The company has a debt-to-equity ratio of 0.77, a quick ratio of 5.56 and a current ratio of 2.54.
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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