Arbor Metals Corp. (CVE:ABR – Get Free Report)’s share price rose 29.4% during trading on Tuesday . The stock traded as high as C$0.68 and last traded at C$0.66. Approximately 619,576 shares traded hands during trading, an increase of 248% from the average daily volume of 178,125 shares. The stock had previously closed at C$0.51.
Arbor Metals Price Performance
The company has a quick ratio of 1.49, a current ratio of 243.01 and a debt-to-equity ratio of 97.78. The stock’s 50 day moving average price is C$0.32 and its two-hundred day moving average price is C$0.39. The firm has a market capitalization of C$38.45 million, a price-to-earnings ratio of -18.67 and a beta of -3.71.
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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