Arbor Metals (CVE:ABR) Reaches New 1-Year Low – What’s Next?

Arbor Metals Corp. (CVE:ABR)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.33 and last traded at C$0.34, with a volume of 38058 shares. The stock had previously closed at C$0.35.

Arbor Metals Trading Down 4.3 %

The firm has a fifty day simple moving average of C$0.38 and a 200-day simple moving average of C$0.45. The firm has a market cap of C$22.66 million, a P/E ratio of -11.17 and a beta of -3.71. The company has a debt-to-equity ratio of 97.78, a current ratio of 243.01 and a quick ratio of 1.49.

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.