Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) dropped 44.6% during trading on Thursday . The stock traded as low as C$0.45 and last traded at C$0.47. Approximately 804,093 shares changed hands during trading, an increase of 173% from the average daily volume of 294,086 shares. The stock had previously closed at C$0.84.
Arbor Metals Stock Performance
The company has a market cap of C$41.20 million, a PE ratio of -20.00 and a beta of -3.71. The stock’s 50 day simple moving average is C$0.32 and its two-hundred day simple moving average is 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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