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 changed hands during 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 Price Performance
The firm has a market cap of C$31.93 million, a price-to-earnings ratio of -15.50 and a beta of -3.71. 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’s 50-day moving average is C$0.32 and its 200-day moving average is C$0.39.
Arbor Metals Company Profile
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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