Arc Minerals Limited (ARCM.L) (LON:ARCM) shares were down 2.5% on Thursday . The company traded as low as GBX 3.75 ($0.05) and last traded at GBX 3.88 ($0.05). Approximately 2,734,611 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 7,525,514 shares. The stock had previously closed at GBX 3.98 ($0.05).
The stock has a market capitalization of £38.00 million and a P/E ratio of -1.21. The company has a current ratio of 1.50, a quick ratio of 0.17 and a debt-to-equity ratio of 56.28. The stock’s fifty day moving average price is GBX 3.60 and its two-hundred day moving average price is GBX 3.53.
Arc Minerals Limited (ARCM.L) Company Profile (LON:ARCM)
Arc Minerals Limited engages in the identification, evaluation, acquisition, and development of natural resource projects primarily in Africa. The company's principal assets are the Zamsort copper project covering an area of 408 square kilometers; and the Zaco copper project comprising an area of 469 square kilometers located in northwest Zambia.
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