Arbor Metals (CVE:ABR) Stock Price Down 44.6% – What’s Next?

Arbor Metals Corp. (CVE:ABRGet Free Report) was down 44.6% during trading on Thursday . The stock traded as low as C$0.45 and last traded at C$0.47. Approximately 804,093 shares changed hands during mid-day trading, an increase of 173% from the average daily volume of 294,086 shares. The stock had previously closed at C$0.84.

Arbor Metals Stock Performance

The company’s 50-day moving average price is C$0.32 and its 200 day moving average price is C$0.39. The stock has a market capitalization of C$31.93 million, a PE ratio of -15.50 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.

Arbor Metals Company Profile

(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.

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