Arbor Metals Corp. (CVE:ABR – Get Free Report)’s share price rose 25.9% on Tuesday . The company traded as high as C$0.52 and last traded at C$0.51. Approximately 333,706 shares were traded 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 company has a debt-to-equity ratio of 97.78, a quick ratio of 1.49 and a current ratio of 243.01. The business’s fifty day moving average price is C$0.32 and its two-hundred day moving average price is C$0.39. The stock has a market capitalization of C$31.93 million, a P/E ratio of -15.50 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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