Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) were up 64.7% during mid-day trading on Wednesday . The company traded as high as C$0.92 and last traded at C$0.84. Approximately 1,716,723 shares changed hands during trading, an increase of 566% from the average daily volume of 257,657 shares. The stock had previously closed at C$0.51.
Arbor Metals Price Performance
The stock has a market capitalization of C$38.45 million, a P/E ratio of -18.67 and a beta of -3.71. The business has a fifty day simple moving average of C$0.32 and a 200 day simple moving average of C$0.39. The company has a current ratio of 243.01, a quick ratio of 1.49 and a debt-to-equity ratio of 97.78.
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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