Arc Minerals (LON:ARCM) Hits New 52-Week Low – Should You Sell?

Arc Minerals Limited (LON:ARCM)’s share price reached a new 52-week low on Tuesday . The stock traded as low as GBX 1.10 ($0.01) and last traded at GBX 1.32 ($0.02), with a volume of 12344497 shares changing hands. The stock had previously closed at GBX 1.43 ($0.02).

Arc Minerals Trading Down 7.5 %

The business has a 50-day moving average of GBX 1.74 and a 200-day moving average of GBX 1.72. The stock 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 debt-to-equity ratio of 0.77, a quick ratio of 5.56 and a current ratio of 2.54.

Arc Minerals Company Profile

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.