Arbor Metals (CVE:ABR) Trading Down 44.6% – Should You Sell?

Arbor Metals Corp. (CVE:ABR)’s stock price fell 44.6% on Wednesday . The stock traded as low as C$0.45 and last traded at C$0.47. 804,093 shares were traded during trading, an increase of 176% from the average session volume of 290,946 shares. The stock had previously closed at C$0.84.

Arbor Metals Price Performance

The stock’s 50 day simple moving average is C$0.32 and its 200-day simple moving average is C$0.39. The firm has a market cap of C$41.20 million, a price-to-earnings 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.