Arbor Metals (CVE:ABR) Shares Down 44.6% – What’s Next?

Arbor Metals Corp. (CVE:ABRGet Free Report) shares fell 44.6% on Thursday . The company 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 Price Performance

The company has a current ratio of 243.01, a quick ratio of 1.49 and a debt-to-equity ratio of 97.78. The stock has a market cap of C$31.93 million, a PE ratio of -15.50 and a beta of -3.71. The company’s 50 day moving average is C$0.32 and its 200-day moving average is C$0.39.

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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