Arc Minerals (LON:ARCM) Hits New 12-Month Low – Here’s Why

Arc Minerals Limited (LON:ARCMGet Free Report) reached a new 52-week low on Tuesday . The company traded as low as GBX 1.10 ($0.01) and last traded at GBX 1.32 ($0.02), with a volume of 12344497 shares. The stock had previously closed at GBX 1.43 ($0.02).

Arc Minerals Price Performance

The company has a market capitalization of £19.11 million, a price-to-earnings ratio of -307.50 and a beta of 0.54. The company has a current ratio of 2.54, a quick ratio of 5.56 and a debt-to-equity ratio of 0.77. The company’s 50 day simple moving average is GBX 1.74 and its 200-day simple moving average is GBX 1.72.

Arc Minerals Company Profile

(Get Free Report)

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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