Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) were up 37.3% on Tuesday . The company traded as high as C$0.36 and last traded at C$0.35. Approximately 320,311 shares were traded during mid-day trading, an increase of 163% from the average daily volume of 121,952 shares. The stock had previously closed at C$0.26.
Arbor Metals Price Performance
The firm has a 50-day simple moving average of C$0.31 and a 200-day simple moving average of C$0.39. The firm has a market capitalization of C$24.03 million, a PE ratio of -11.67 and a beta of -3.71. The company has a debt-to-equity ratio of 97.78, a current ratio of 243.01 and a quick ratio of 1.49.
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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