Arbor Metals (CVE:ABR) Hits New 12-Month Low – Here’s Why

Shares of Arbor Metals Corp. (CVE:ABRGet Free Report) reached a new 52-week low on Thursday . The company traded as low as C$0.26 and last traded at C$0.26, with a volume of 26166 shares changing hands. The stock had previously closed at C$0.28.

Arbor Metals Price Performance

The company has a current ratio of 243.01, a quick ratio of 1.49 and a debt-to-equity ratio of 97.78. The business has a 50-day moving average of C$0.36 and a 200 day moving average of C$0.42. The firm has a market capitalization of C$17.17 million, a PE ratio of -8.33 and a beta of -3.71.

Arbor Metals Company Profile

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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.

Further Reading

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