Arbor Metals Corp. (CVE:ABR – Get Free Report) fell 44% during mid-day trading on Wednesday . The stock traded as low as C$0.47 and last traded at C$0.47. 584,914 shares changed hands during mid-day trading, an increase of 110% from the average session volume of 278,241 shares. The stock had previously closed at C$0.84.
Arbor Metals Stock Performance
The firm 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 quick ratio of 1.49, a current ratio of 243.01 and a debt-to-equity ratio of 97.78. The company has a market cap of C$31.93 million, a PE ratio of -15.50 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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