Arbor Metals Corp. (CVE:ABR – Get Free Report) shares shot up 33.3% during mid-day trading on Tuesday . The stock traded as high as C$0.68 and last traded at C$0.68. 640,076 shares changed hands during mid-day trading, an increase of 259% from the average session volume of 178,125 shares. The stock had previously closed at C$0.51.
Arbor Metals Price Performance
The firm has a market capitalization of C$49.44 million, a P/E ratio of -24.00 and a beta of -3.71. 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 business’s fifty day moving average is C$0.31 and its 200 day moving average is C$0.38.
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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