Arbor Metals Corp. (CVE:ABR – Get Free Report) rose 20.4% on Thursday . The company traded as high as C$0.58 and last traded at C$0.56. Approximately 123,087 shares traded hands during trading, a decline of 56% from the average daily volume of 277,503 shares. The stock had previously closed at C$0.47.
Arbor Metals Stock Performance
The company has a fifty day moving average of C$0.32 and a two-hundred day moving average of C$0.39. The firm has a market capitalization of C$41.20 million, a price-to-earnings ratio of -20.00 and a beta of -3.71. The company has a debt-to-equity ratio of 97.78, a quick ratio of 1.49 and a current ratio of 243.01.
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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