Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) traded up 64.7% during mid-day trading on Tuesday . The stock traded as high as C$0.92 and last traded at C$0.84. 1,716,723 shares were traded during mid-day trading, an increase of 566% from the average session volume of 257,657 shares. The stock had previously closed at C$0.51.
Arbor Metals Price Performance
The stock’s fifty day moving average is C$0.31 and its 200-day moving average is C$0.38. The company has a debt-to-equity ratio of 97.78, a current ratio of 243.01 and a quick ratio of 1.49. The stock has a market capitalization of C$57.67 million, a P/E ratio of -28.00 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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