Arbor Metals Corp. (CVE:ABR – Get Free Report) shares dropped 33.3% on Wednesday . The company traded as low as C$0.55 and last traded at C$0.56. Approximately 473,615 shares traded hands during mid-day trading, an increase of 75% from the average daily volume of 271,347 shares. The stock had previously closed at C$0.84.
Arbor Metals Stock Up 7.1 %
The firm’s fifty day moving average is C$0.32 and its 200-day moving average is C$0.39. The company has a market capitalization of C$41.20 million, a P/E ratio of -20.00 and a beta of -3.71. 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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