Arbor Metals Corp. (CVE:ABR – Get Free Report)’s share price dropped 28.6% on Wednesday . The stock traded as low as C$0.56 and last traded at C$0.60. Approximately 261,532 shares traded hands during trading, an increase of 6% from the average daily volume of 246,901 shares. The stock had previously closed at C$0.84.
Arbor Metals Trading Up 7.1 %
The business has a 50 day moving average of C$0.32 and a 200 day moving average of C$0.39. The firm has a market cap of C$41.20 million, a price-to-earnings ratio of -20.00 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.
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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