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 traded hands during trading, a decline of 4% from the average daily volume of 293,232 shares. The stock had previously closed at C$0.47.
Arbor Metals Stock Performance
The stock has a fifty day moving average price of C$0.32 and a two-hundred day moving average price of C$0.39. The company has a market cap of C$41.20 million, a P/E 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.
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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