Arbor Metals Corp. (CVE:ABR – Get Free Report) was down 44.6% on Wednesday . The stock traded as low as C$0.45 and last traded at C$0.47. Approximately 804,093 shares were traded during mid-day trading, an increase of 176% from the average daily volume of 290,946 shares. The stock had previously closed at C$0.84.
Arbor Metals Trading Down 44.6 %
The firm has a market cap of C$31.93 million, a price-to-earnings ratio of -15.50 and a beta of -3.71. 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 business has a 50 day moving average price of C$0.32 and a 200-day moving average price of C$0.39.
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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