Arbor Metals Corp. (CVE:ABR – Get Free Report)’s share price rose 64.7% during trading on Wednesday . The company traded as high as C$0.92 and last traded at C$0.84. Approximately 1,716,723 shares traded hands during trading, an increase of 566% from the average daily volume of 257,657 shares. The stock had previously closed at C$0.51.
Arbor Metals Trading Up 20.4 %
The company has a debt-to-equity ratio of 97.78, a current ratio of 243.01 and a quick ratio of 1.49. The business has a 50-day simple moving average of C$0.32 and a two-hundred day simple moving average of C$0.39. The stock has a market cap of C$38.45 million, a price-to-earnings ratio of -18.67 and a beta of -3.71.
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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