Arbor Metals Corp. (CVE:ABR – Get Free Report)’s stock price fell 31% on Wednesday . The company traded as low as C$0.55 and last traded at C$0.58. 397,596 shares traded hands during mid-day 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 stock has a market capitalization of C$41.20 million, a P/E ratio of -20.00 and a beta of -3.71. The business has a 50 day simple moving average of C$0.32 and a 200-day simple moving average of C$0.39. The company has a debt-to-equity ratio of 97.78, a quick ratio of 1.49 and a current ratio of 243.01.
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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