Arbor Metals Corp. (CVE:ABR – Get Free Report)’s share price shot up 16.1% during mid-day trading on Thursday . The company traded as high as C$0.65 and last traded at C$0.54. 285,516 shares traded hands during mid-day trading, a decline of 3% from the average session volume of 293,520 shares. The stock had previously closed at C$0.47.
Arbor Metals Stock Performance
The firm’s 50 day moving average is C$0.32 and its 200 day moving average is C$0.39. The company has a debt-to-equity ratio of 97.78, a quick ratio of 1.49 and a current ratio of 243.01. The stock has a market cap of C$38.45 million, a P/E ratio of -18.67 and a beta of -3.71.
Arbor Metals Company Profile
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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