Arbor Metals Corp. (CVE:ABR – Get Free Report) shares were down 44.6% during trading on Thursday . The company traded as low as C$0.45 and last traded at C$0.47. Approximately 804,093 shares traded 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 business has a fifty day simple moving average of C$0.32 and a two-hundred day simple moving average of C$0.39. The company has a quick ratio of 1.49, a current ratio of 243.01 and a debt-to-equity ratio of 97.78. The company has a market capitalization of C$31.93 million, a price-to-earnings ratio of -15.50 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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