Arbor Metals Corp. (CVE:ABR – Get Free Report)’s share price was down 44.6% during mid-day trading on Thursday . The stock traded as low as C$0.45 and last traded at C$0.47. Approximately 804,093 shares changed hands during trading, an increase of 173% from the average daily volume of 294,086 shares. The stock had previously closed at C$0.84.
Arbor Metals Stock Down 44.6 %
The firm has a fifty day simple moving average of C$0.32 and a 200-day simple moving average of C$0.39. The firm has a market cap of C$31.93 million, a price-to-earnings ratio of -15.50 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
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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