Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) traded up 37.3% during mid-day trading on Tuesday . The company traded as high as C$0.72 and last traded at C$0.70. 775,108 shares changed hands during trading, an increase of 307% from the average session volume of 190,361 shares. The stock had previously closed at C$0.51.
Arbor Metals Price Performance
The stock has a market cap of C$58.36 million, a price-to-earnings ratio of -28.33 and a beta of -3.71. The company has a 50 day simple moving average of C$0.31 and a 200-day simple moving average of C$0.38. The company has a current ratio of 243.01, a quick ratio of 1.49 and a debt-to-equity ratio of 97.78.
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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