Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) traded down 44.6% on Thursday . The company traded as low as C$0.45 and last traded at C$0.47. 804,093 shares were traded during mid-day 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 company has a market cap of C$41.20 million, a price-to-earnings ratio of -20.00 and a beta of -3.71. The firm’s 50 day simple moving average is C$0.32 and its 200-day simple moving average is C$0.39. The company has a debt-to-equity ratio of 97.78, a quick ratio of 1.49 and a current ratio of 243.01.
Arbor Metals Company Profile
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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