Arbor Metals Corp. (CVE:ABR – Get Free Report) shares shot up 22.6% on Thursday . The company traded as high as C$0.65 and last traded at C$0.57. 277,916 shares changed hands during mid-day trading, a decline of 5% from the average session volume of 293,076 shares. The stock had previously closed at C$0.47.
Arbor Metals Price Performance
The company has a 50-day moving average of C$0.32 and a 200-day 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. The stock has a market cap of C$41.20 million, a price-to-earnings ratio of -20.00 and a beta of -3.71.
Arbor Metals Company Profile
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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