Arbor Metals Corp. (CVE:ABR – Get Free Report) shares rose 20.4% on Thursday . The company traded as high as C$0.65 and last traded at C$0.56. Approximately 280,916 shares changed hands during trading, a decline of 4% from the average daily volume of 293,263 shares. The stock had previously closed at C$0.47.
Arbor Metals Stock Up 7.1 %
The stock has a market capitalization of C$41.20 million, a PE ratio of -20.00 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. The business’s fifty day moving average price is C$0.32 and its two-hundred day moving average price is C$0.39.
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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