Arbor Metals Corp. (CVE:ABR – Get Free Report) rose 16.1% during mid-day trading on Thursday . The stock traded as high as C$0.65 and last traded at C$0.54. Approximately 285,516 shares were traded during mid-day trading, a decline of 3% from the average daily volume of 293,520 shares. The stock had previously closed at C$0.47.
Arbor Metals Price Performance
The stock has a 50 day moving average of C$0.32 and a 200-day moving average of C$0.39. The company has a debt-to-equity ratio of 97.78, a quick ratio of 1.49 and a current ratio of 243.01. The company has a market cap of C$38.45 million, a PE 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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