Arbor Metals (CVE:ABR) Stock Price Down 44.6% – Time to Sell?

Arbor Metals Corp. (CVE:ABRGet Free Report) was down 44.6% during mid-day trading on Wednesday . The company traded as low as C$0.45 and last traded at C$0.47. Approximately 804,093 shares traded hands during mid-day trading, an increase of 173% from the average daily volume of 294,086 shares. The stock had previously closed at C$0.84.

Arbor Metals Stock Down 44.6 %

The business has a 50 day simple moving average of C$0.32 and a 200 day simple moving average of C$0.39. The company has a market capitalization of C$31.93 million, a price-to-earnings ratio of -15.50 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.

Arbor Metals Company Profile

(Get Free Report)

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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