Southern Arc Minerals (CVE:SA) Trading 7.3% Higher

Southern Arc Minerals Inc (CVE:SA)’s stock price traded up 7.3% during mid-day trading on Wednesday . The company traded as high as C$0.44 and last traded at C$0.44, 3,500 shares were traded during mid-day trading. A decline of 43% from the average session volume of 6,185 shares. The stock had previously closed at C$0.41.

The company has a debt-to-equity ratio of 4.16, a current ratio of 4.45 and a quick ratio of 4.44. The company has a 50 day moving average price of C$0.39 and a 200 day moving average price of C$0.46. The firm has a market cap of $6.33 million and a PE ratio of 1.64.

Southern Arc Minerals Company Profile (CVE:SA)

Southern Arc Minerals Inc, together with its subsidiaries, engages in the acquisition and exploration of resource properties in Japan, Indonesia, Serbia, and Canada. The company primarily explores for gold, copper, and other base metals. Southern Arc Minerals Inc was incorporated in 2004 and is headquartered in Vancouver, Canada.

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