Arc Minerals Limited (LON:ARCM – Get Free Report)’s stock price shot up 10% during mid-day trading on Monday . The stock traded as high as GBX 1.59 ($0.02) and last traded at GBX 1.59 ($0.02). 6,637,959 shares changed hands during trading, an increase of 63% from the average session volume of 4,078,118 shares. The stock had previously closed at GBX 1.45 ($0.02).
Arc Minerals Stock Up 10.0 %
The company has a debt-to-equity ratio of 0.77, a quick ratio of 5.56 and a current ratio of 2.54. The firm’s 50-day moving average is GBX 1.50 and its 200 day moving average is GBX 1.55. The firm has a market capitalization of £23.47 million, a PE ratio of 2.54 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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