Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) shot up 37.3% during mid-day trading on Monday . The stock traded as high as C$0.35 and last traded at C$0.35. 286,311 shares were traded during trading, an increase of 190% from the average session volume of 98,890 shares. The stock had previously closed at C$0.26.
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 firm’s 50-day moving average is C$0.31 and its 200 day moving average is C$0.39. The stock has a market cap of C$24.03 million, a PE ratio of -11.67 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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