Arbor Metals Corp. (CVE:ABR – Get Free Report)’s stock price dropped 33.3% during trading on Wednesday . The stock traded as low as C$0.55 and last traded at C$0.56. Approximately 470,615 shares changed hands during trading, an increase of 73% from the average daily volume of 271,280 shares. The stock had previously closed at C$0.84.
Arbor Metals Stock Up 7.1 %
The stock has a market capitalization of C$41.20 million, a price-to-earnings ratio of -20.00 and a beta of -3.71. The firm has a 50-day moving average of C$0.32 and a 200 day moving average of C$0.39. The company has a current ratio of 243.01, a quick ratio of 1.49 and a debt-to-equity ratio of 97.78.
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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