Arbor Metals Corp. (CVE:ABR – Get Free Report) dropped 28.6% during trading on Wednesday . The stock traded as low as C$0.56 and last traded at C$0.60. Approximately 261,532 shares were traded during mid-day trading, an increase of 6% from the average daily volume of 246,901 shares. The stock had previously closed at C$0.84.
Arbor Metals Trading Up 7.1 %
The company has a debt-to-equity ratio of 97.78, a current ratio of 243.01 and a quick ratio of 1.49. The business’s 50-day simple moving average is C$0.32 and its two-hundred day simple moving average is C$0.39. The stock has a market capitalization of C$41.20 million, a price-to-earnings ratio of -20.00 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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