Shares of Arc Minerals Limited (LON:ARCM – Get Free Report) were down 13.3% during mid-day trading on Wednesday . The stock traded as low as GBX 0.65 and last traded at GBX 0.65. Approximately 10,873,515 shares were traded during mid-day trading, an increase of 34% from the average daily volume of 8,097,169 shares. The stock had previously closed at GBX 0.75.
Arc Minerals Stock Down 1.5%
The stock’s 50-day simple moving average is GBX 0.63 and its 200 day simple moving average is GBX 0.55. The firm has a market cap of £15.74 million, a P/E ratio of -1.36 and a beta of 0.09.
Arc Minerals (LON:ARCM – Get Free Report) last announced its quarterly earnings data on Friday, June 26th. The company reported GBX (0.47) earnings per share (EPS) for the quarter.
About Arc Minerals
Arc Minerals Ltd (LSE: ARCM) is an AIM-quoted copper exploration company focused on advancing high-potential copper assets in two of Africa’s premier copper jurisdictions. The Company’s portfolio includes the Virgo Project in Botswana’s Kalahari Copper Belt and the Kabompo West Project in Zambia’s Central African Copperbelt, both offering significant exploration upside. Led by an experienced team with expertise across mining, capital markets and African operations, Arc is progressing a clear value creation strategy through targeted geophysical programmes and drilling campaigns designed to unlock the potential of its highly prospective asset base.
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