Arbor Metals (CVE:ABR) Trading Down 28.6% – Should You Sell?

Arbor Metals Corp. (CVE:ABRGet Free Report)’s stock price traded down 28.6% during mid-day trading on Wednesday . The company traded as low as C$0.56 and last traded at C$0.60. 261,532 shares traded hands during trading, an increase of 6% from the average session volume of 246,901 shares. The stock had previously closed at C$0.84.

Arbor Metals Trading Down 44.0 %

The company has a debt-to-equity ratio of 97.78, a current ratio of 243.01 and a quick ratio of 1.49. The company has a market capitalization of C$32.27 million, a price-to-earnings ratio of -15.67 and a beta of -3.71. The business’s 50-day moving average price is C$0.32 and its two-hundred day moving average price is C$0.39.

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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