Arbor Metals Corp. (CVE:ABR – Get Free Report) shares shot up 64.7% on Wednesday . The stock traded as high as C$0.92 and last traded at C$0.84. 1,716,723 shares traded hands during mid-day trading, an increase of 566% from the average session volume of 257,657 shares. The stock had previously closed at C$0.51.
Arbor Metals Stock Performance
The firm’s 50 day moving average price is C$0.31 and its 200-day moving average price is C$0.38. The firm has a market cap of C$57.67 million, a price-to-earnings ratio of -28.00 and a beta of -3.71. The company has a debt-to-equity ratio of 97.78, a current ratio of 243.01 and a quick ratio of 1.49.
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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