Arbor Metals (CVE:ABR) Stock Price Down 33.3% – Time to Sell?

Arbor Metals Corp. (CVE:ABRGet Free Report) shares fell 33.3% on Wednesday . The company traded as low as C$0.55 and last traded at C$0.56. 473,615 shares were traded during trading, an increase of 75% from the average session volume of 271,347 shares. The stock had previously closed at C$0.84.

Arbor Metals Stock Down 45.8 %

The firm’s 50-day simple moving average is C$0.32 and its 200 day simple 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 company has a market cap of C$31.24 million, a P/E ratio of -15.17 and a beta of -3.71.

Arbor Metals Company Profile

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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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