Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) fell 31% during trading on Wednesday . The stock traded as low as C$0.55 and last traded at C$0.58. 397,596 shares were traded during trading, an increase of 52% from the average session volume of 261,170 shares. The stock had previously closed at C$0.84.
Arbor Metals Stock Down 43.5 %
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 firm’s fifty day simple moving average is C$0.32 and its 200 day simple moving average is C$0.39. The stock has a market capitalization of C$32.61 million, a price-to-earnings ratio of -15.83 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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