Arbor Metals (CVE:ABR) Stock Price Down 44% – Here’s Why

Arbor Metals Corp. (CVE:ABRGet Free Report) shares traded down 44% during mid-day trading on Wednesday . The stock traded as low as C$0.45 and last traded at C$0.47. 748,493 shares traded hands during trading, an increase of 161% from the average session volume of 287,178 shares. The stock had previously closed at C$0.84.

Arbor Metals Stock Down 44.6 %

The firm has a market capitalization of C$31.93 million, a PE ratio of -15.50 and a beta of -3.71. The company has a fifty day moving average price of C$0.32 and a 200-day moving average price of 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

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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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