Arbor Metals Corp. (CVE:ABR – Get Free Report)’s stock price shot up 33.3% during mid-day trading on Thursday . The stock traded as high as C$0.65 and last traded at C$0.62. 235,197 shares changed hands during mid-day trading, a decline of 19% from the average session volume of 290,375 shares. The stock had previously closed at C$0.47.
Arbor Metals Stock Performance
The stock has a market cap of C$38.45 million, a price-to-earnings ratio of -18.67 and a beta of -3.71. The company’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.
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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