Arbor Metals (CVE:ABR) Trading Down 44% – What’s Next?

Arbor Metals Corp. (CVE:ABRGet Free Report)’s share price was down 44% during trading on Wednesday . The company traded as low as C$0.47 and last traded at C$0.47. Approximately 584,914 shares were traded during mid-day trading, an increase of 110% from the average daily volume of 278,241 shares. The stock had previously closed at C$0.84.

Arbor Metals Trading Up 7.1 %

The business has a 50 day moving average of C$0.32 and a two-hundred day moving average of C$0.39. 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 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

(Get Free Report)

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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