Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) shot up 64.7% on Tuesday . The stock traded as high as C$0.92 and last traded at C$0.84. 1,716,723 shares changed hands during 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 Stock Up 20.4 %
The stock has a market cap of C$38.45 million, a price-to-earnings ratio of -18.67 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. The business’s 50 day moving average is C$0.32 and its 200 day moving average is C$0.39.
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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