Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) traded up 64.7% during trading on Wednesday . The company traded as high as C$0.92 and last traded at C$0.84. 1,716,723 shares traded hands during mid-day trading, an increase of 566% from the average session volume of 257,657 shares. The stock had previously closed at C$0.51.
Arbor Metals Stock Performance
The company has a market cap of C$57.67 million, a price-to-earnings ratio of -28.00 and a beta of -3.71. 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 stock’s fifty day simple moving average is C$0.31 and its 200 day simple 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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