Arbor Metals Corp. (CVE:ABR – Get Free Report) shares dropped 31% on Wednesday . The company traded as low as C$0.55 and last traded at C$0.58. Approximately 397,596 shares traded hands during trading, an increase of 52% from the average daily volume of 261,170 shares. The stock had previously closed at C$0.84.
Arbor Metals Stock Down 43.5 %
The company has a market cap of C$32.61 million, a price-to-earnings ratio of -15.83 and a beta of -3.71. The stock has a fifty day moving average price of C$0.32 and a two-hundred day moving average price of C$0.39. The company has a quick ratio of 1.49, a current ratio of 243.01 and a debt-to-equity ratio of 97.78.
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.
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