Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) shot up 37.3% on Monday . The company traded as high as C$0.36 and last traded at C$0.35. 320,311 shares traded hands during trading, an increase of 163% from the average session volume of 121,952 shares. The stock had previously closed at C$0.26.
Arbor Metals Stock Down 8.8 %
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 firm has a market cap of C$21.28 million, a P/E ratio of -10.33 and a beta of -3.71. The stock’s fifty day moving average is C$0.31 and its two-hundred 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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