Arbor Metals (CVE:ABR) Shares Down 44.6% – What’s Next?

Shares of Arbor Metals Corp. (CVE:ABRGet Free Report) fell 44.6% during mid-day trading on Thursday . The stock traded as low as C$0.45 and last traded at C$0.47. 804,093 shares traded hands during trading, an increase of 173% from the average session volume of 294,086 shares. The stock had previously closed at C$0.84.

Arbor Metals Stock Performance

The firm has a market cap of C$41.20 million, a PE ratio of -20.00 and a beta of -3.71. The stock has a 50-day moving average price of C$0.32 and a 200 day moving average price of C$0.39. The company has a debt-to-equity ratio of 97.78, a current ratio of 243.01 and a quick ratio of 1.49.

Arbor Metals Company Profile

(Get Free Report)

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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