Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) dropped 44% during mid-day trading on Wednesday . The stock traded as low as C$0.47 and last traded at C$0.47. Approximately 584,914 shares changed hands during mid-day trading, an increase of 110% from the average daily volume of 278,241 shares. The stock had previously closed at C$0.84.
Arbor Metals Stock Down 44.6 %
The stock has a market cap of C$31.93 million, a PE ratio of -15.50 and a beta of -3.71. The business has a 50 day moving average price of C$0.32 and a 200 day moving average price of C$0.39. 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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