Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) were up 25.9% on Tuesday . The company traded as high as C$0.52 and last traded at C$0.51. Approximately 333,706 shares traded hands during mid-day trading, an increase of 129% from the average daily volume of 145,422 shares. The stock had previously closed at C$0.41.
Arbor Metals Price Performance
The company has a market cap of C$31.93 million, a P/E ratio of -15.50 and a beta of -3.71. The firm’s 50-day moving average is C$0.32 and its two-hundred day 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.
Arbor Metals Company Profile
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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