Arbor Metals (CVE:ABR) Trading Down 44.6% – What’s Next?

Arbor Metals Corp. (CVE:ABRGet Free Report)’s share price traded down 44.6% during trading on Thursday . The company traded as low as C$0.45 and last traded at C$0.47. 804,093 shares changed hands during trading, an increase of 173% from the average session volume of 294,086 shares. The stock had previously closed at C$0.84.

Arbor Metals Price Performance

The firm has a market cap of C$31.93 million, a PE ratio of -15.50 and a beta of -3.71. The firm has a fifty day simple moving average of C$0.32 and a two-hundred day simple moving average of C$0.39. The company has a debt-to-equity ratio of 97.78, a quick ratio of 1.49 and a current ratio of 243.01.

About Arbor Metals

(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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