Arbor Metals (CVE:ABR) Trading Down 44.6% – Here’s What Happened

Arbor Metals Corp. (CVE:ABRGet Free Report)’s stock price traded down 44.6% on Wednesday . The stock traded as low as C$0.45 and last traded at C$0.47. 804,093 shares were traded during trading, an increase of 173% from the average session volume of 294,086 shares. The stock had previously closed at C$0.84.

Arbor Metals Trading Down 44.6 %

The stock’s 50-day simple moving average is C$0.32 and its two-hundred day simple moving average is C$0.39. 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 firm has a market capitalization of C$31.93 million, a P/E ratio of -15.50 and a beta of -3.71.

About Arbor Metals

(Get Free Report)

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.

See Also

Receive News & Ratings for Arbor Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arbor Metals and related companies with MarketBeat.com's FREE daily email newsletter.