Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) traded up 37.3% during trading on Monday . The company traded as high as C$0.36 and last traded at C$0.35. 320,311 shares changed hands during mid-day trading, an increase of 163% from the average session volume of 121,952 shares. The stock had previously closed at C$0.26.
Arbor Metals Price Performance
The company has a fifty day moving average price of C$0.31 and a two-hundred day moving average price 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. The company has a market cap of C$21.28 million, a price-to-earnings ratio of -10.33 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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