Arbor Metals (CVE:ABR) Trading Down 33.3% – Should You Sell?

Arbor Metals Corp. (CVE:ABR)’s stock price dropped 33.3% on Wednesday . The stock traded as low as C$0.55 and last traded at C$0.56. Approximately 470,615 shares were traded during trading, an increase of 73% from the average daily volume of 271,280 shares. The stock had previously closed at C$0.84.

Arbor Metals Trading Down 45.8 %

The company has a market cap of C$31.24 million, a P/E ratio of -15.17 and a beta of -3.71. The company has a current ratio of 243.01, a quick ratio of 1.49 and a debt-to-equity ratio of 97.78. The stock’s 50 day moving average is C$0.32 and its 200-day moving average is C$0.39.

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.