Arbor Metals Corp. (CVE:ABR – Get Free Report)’s share price shot up 37.3% on Monday . The company traded as high as C$0.36 and last traded at C$0.35. 320,311 shares changed hands during trading, an increase of 163% from the average session volume of 121,952 shares. The stock had previously closed at C$0.26.
Arbor Metals Stock Performance
The firm has a market capitalization of C$24.03 million, a price-to-earnings ratio of -11.67 and a beta of -3.71. The firm has a 50 day moving average price of C$0.31 and a 200-day moving average price of C$0.39. The company has a debt-to-equity ratio of 97.78, a current ratio of 243.01 and a quick ratio of 1.49.
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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