Arc Minerals Limited NPV (DI) (ARCM)

Sector:

Financials

Index:

FTSE AIM All-Share

1.83p
   
  • Change Today:
      0.15p
  • 52 Week High: 3.98
  • 52 Week Low: 1.57
  • Currency: UK Pounds
  • Shares Issued: 1,446.01m
  • Volume: 47,218,002
  • Market Cap: £26.39m

Arc Minerals pleased with latest drill result from Cheyeza

By Josh White

Date: Wednesday 24 Jul 2019

LONDON (ShareCast) - (Sharecast News) - Arc Minerals announced a further drill result from its maiden exploration drill programme at the Cheyeza target area in Zambia on Wednesday.
The AIM-traded firm said hole CHDDE004 intersected 18.00 metres at 2.35% copper, from 30.60 metres.

It said that included 7.60 metres at 4.15% copper, from 39.00 metres.

"This is another fantastic result and underscores what an exciting asset Cheyeza East is turning into," said Arc Minerals executive chairman Nick von Schirnding.

"We believe that the upside potential is significant, and the shallow nature of these high-grade results is supportive of the economics going forward.

"I look forward to reporting on future drilling results over the next few months."

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ARCM Market Data

Currency UK Pounds
Share Price 1.83p
Change Today 0.15p
% Change 8.96 %
52 Week High 3.98
52 Week Low 1.57
Volume 47,218,002
Shares Issued 1,446.01m
Market Cap £26.39m

ARCM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
34.21% below the market average34.21% below the market average34.21% below the market average34.21% below the market average34.21% below the market average
57.41% below the sector average57.41% below the sector average57.41% below the sector average57.41% below the sector average57.41% below the sector average
Price Trend
83.53% below the market average83.53% below the market average83.53% below the market average83.53% below the market average83.53% below the market average
91.38% below the sector average91.38% below the sector average91.38% below the sector average91.38% below the sector average91.38% below the sector average
Income Not Available
Growth Not Available

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16:29 2,000,000 @ 1.84p
16:26 1,000,000 @ 1.84p
16:24 300,000 @ 1.84p
16:24 100,000 @ 1.85p
16:23 25,000 @ 1.84p

ARCM Key Personnel

Finance Director Rémy Welschinger

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