Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) dropped 28.6% during trading on Wednesday . The company traded as low as C$0.56 and last traded at C$0.60. Approximately 261,532 shares changed hands during mid-day trading, an increase of 6% from the average daily volume of 246,901 shares. The stock had previously closed at C$0.84.
Arbor Metals Trading Down 44.0 %
The company has a market capitalization of C$32.27 million, a price-to-earnings ratio of -15.67 and a beta of -3.71. The company has a current ratio of 243.01, a quick ratio of 1.49 and a debt-to-equity ratio of 97.78. The business’s 50 day moving average price is C$0.32 and its two-hundred day moving average price is C$0.39.
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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