Armadale Capital (ACP) Stock Price Down 18.2%

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Armadale Capital PLC (LON:ACP) was down 18.2% on Tuesday . The stock traded as low as GBX 1.31 ($0.02) and last traded at GBX 1.31 ($0.02). Approximately 1,853,155 shares changed hands during mid-day trading, an increase of 215% from the average daily volume of 588,611 shares. The stock had previously closed at GBX 1.60 ($0.02).

Separately, FinnCap reaffirmed a “corporate” rating on shares of Armadale Capital in a research report on Tuesday, February 19th.

The company has a debt-to-equity ratio of 24.91, a current ratio of 1.13 and a quick ratio of 0.69. The stock has a market capitalization of $4.91 million and a price-to-earnings ratio of -0.55.

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About Armadale Capital (LON:ACP)

Armadale Capital Plc, an investment company, focuses on investing in and developing natural resources in Africa. The company holds a 100% interest in the Mahenge Liandu graphite project located in the Morogoro region, Tanzania. It also holds interest in the Mpokoto gold project located in the Democratic Republic of the Congo; and a portfolio of quoted investments.

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