Arbor Metals Corp. (CVE:ABR – Get Free Report) shot up 43.1% during mid-day trading on Tuesday . The stock traded as high as C$0.77 and last traded at C$0.73. 1,368,929 shares were traded during mid-day trading, an increase of 495% from the average session volume of 230,198 shares. The stock had previously closed at C$0.51.
Arbor Metals Stock Performance
The firm has a fifty day simple moving average of C$0.32 and a 200-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 cap of C$38.45 million, a PE ratio of -18.67 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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