Arc Minerals (LON:ARCM) Stock Price Up 4.7% – Time to Buy?

Arc Minerals Limited (LON:ARCMGet Free Report)’s stock price rose 4.7% during trading on Friday . The company traded as high as GBX 0.65 and last traded at GBX 0.58. 5,016,531 shares changed hands during trading, a decline of 43% from the average session volume of 8,736,942 shares. The stock had previously closed at GBX 0.55.

Arc Minerals Stock Up 4.7%

The firm has a 50-day moving average price of GBX 0.52 and a 200 day moving average price of GBX 0.56. The firm has a market capitalization of £14.17 million, a PE ratio of -1.23 and a beta of 0.09.

Arc Minerals (LON:ARCMGet Free Report) last announced its earnings results on Friday, June 26th. The company reported GBX (0.47) EPS for the quarter.

About Arc Minerals

(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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