Arbor Metals Corp. (CVE:ABR – Get Free Report)’s share price fell 31% during mid-day trading on Wednesday . The company traded as low as C$0.55 and last traded at C$0.58. 397,596 shares were traded during trading, an increase of 52% from the average session volume of 261,170 shares. The stock had previously closed at C$0.84.
Arbor Metals Trading Up 7.1 %
The firm has a market capitalization of C$41.20 million, a price-to-earnings ratio of -20.00 and a beta of -3.71. The business’s 50 day moving average price is C$0.32 and its 200-day moving average price is C$0.39. The company has a debt-to-equity ratio of 97.78, a current ratio of 243.01 and a quick ratio of 1.49.
About Arbor Metals
Arbor Metals Corp. identifies, acquires, explores, and develops natural resource properties in Canada. The company has interests in the Jarnet, Corvette Lake, and St. Pierre lithium projects comprising 83 map-designated claims, covering an area of approximately 5,606 hectares located in the James Bay region of Quebec.
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