Arbor Metals Corp. (CVE:ABR – Get Free Report)’s stock price shot up 37.3% during mid-day trading on Tuesday . The company traded as high as C$0.72 and last traded at C$0.70. 981,040 shares were traded during trading, an increase of 386% from the average session volume of 201,856 shares. The stock had previously closed at C$0.51.
Arbor Metals Price Performance
The company has a quick ratio of 1.49, a current ratio of 243.01 and a debt-to-equity ratio of 97.78. The stock’s 50 day moving average price is C$0.31 and its two-hundred day moving average price is C$0.38. The firm has a market capitalization of C$57.67 million, a price-to-earnings ratio of -28.00 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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