Arbor Metals (CVE:ABR) Hits New 52-Week Low – Here’s Why

Arbor Metals Corp. (CVE:ABRGet Free Report) shares reached a new 52-week low during trading on Friday . The stock traded as low as C$0.22 and last traded at C$0.24, with a volume of 100347 shares. The stock had previously closed at C$0.25.

Arbor Metals Trading Down 4.1 %

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 company has a market cap of C$16.14 million, a PE ratio of -7.83 and a beta of -3.71. The company has a fifty day simple moving average of C$0.33 and a two-hundred day simple moving average of C$0.40.

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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