Arbor Metals Corp. (CVE:ABR – Get Free Report) shares shot up 23.5% during trading on Monday . The stock traded as high as C$0.52 and last traded at C$0.50. 292,513 shares traded hands during mid-day trading, an increase of 109% from the average session volume of 139,651 shares. The stock had previously closed at C$0.41.
Arbor Metals Stock Performance
The firm’s 50-day moving average price is C$0.31 and its two-hundred day moving average price is C$0.38. The company has a quick ratio of 1.49, a current ratio of 243.01 and a debt-to-equity ratio of 97.78. The firm has a market capitalization of C$35.70 million, a PE ratio of -17.33 and a beta of -3.71.
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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