Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) were up 25.9% on Tuesday . The stock traded as high as C$0.52 and last traded at C$0.51. Approximately 333,706 shares traded hands during trading, an increase of 129% from the average daily volume of 145,422 shares. The stock had previously closed at C$0.41.
Arbor Metals Price Performance
The company’s 50-day moving average is C$0.32 and its 200-day moving average is C$0.39. The firm has a market capitalization of C$31.93 million, a price-to-earnings ratio of -15.50 and a beta of -3.71. The company has a debt-to-equity ratio of 97.78, a current ratio of 243.01 and a quick ratio of 1.49.
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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