Arbor Metals Corp. (CVE:ABR – Get Free Report) traded down 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 173% from the average session volume of 294,086 shares. The stock had previously closed at C$0.84.
Arbor Metals Stock Down 44.6 %
The business has a 50-day simple moving average of C$0.32 and a 200-day simple moving average 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. The company has a market cap of C$31.93 million, a price-to-earnings ratio of -15.50 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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