Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) fell 44.6% during trading on Thursday . The stock traded as low as C$0.45 and last traded at C$0.47. 804,093 shares traded hands during mid-day 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 quick ratio of 1.49, a current ratio of 243.01 and a debt-to-equity ratio of 97.78. The company’s 50-day simple moving average is C$0.32 and its 200 day simple moving average is C$0.39. The company has a market capitalization of C$41.20 million, a P/E ratio of -20.00 and a beta of -3.71.
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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