Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) shot up 25.9% during trading on Tuesday . The stock traded as high as C$0.52 and last traded at C$0.51. 333,706 shares were traded during trading, an increase of 129% from the average session 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 current ratio of 243.01 and a quick ratio of 1.49. The company has a market capitalization of C$35.02 million, a price-to-earnings ratio of -17.00 and a beta of -3.71. The firm has a fifty day simple moving average of C$0.31 and a 200 day simple moving average of C$0.38.
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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