Arbor Metals Corp. (CVE:ABR – Get Free Report) shares rose 25.9% during mid-day trading on Monday . 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 Stock Performance
The firm has a market cap of C$35.02 million, a P/E ratio of -17.00 and a beta of -3.71. 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 business has a fifty day simple moving average of C$0.31 and a 200-day simple moving average of C$0.38.
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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