Arbor Metals Corp. (CVE:ABR – Get Free Report) rose 25.9% during trading on Monday . The company traded as high as C$0.52 and last traded at C$0.51. Approximately 333,706 shares changed hands during trading, an increase of 129% from the average daily volume of 145,422 shares. The stock had previously closed at C$0.41.
Arbor Metals Stock Performance
The company has a market capitalization of C$35.02 million, a price-to-earnings ratio of -17.00 and a beta of -3.71. The company’s fifty day simple moving average is C$0.31 and its two-hundred day simple moving average is C$0.38. 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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