Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) shot up 37.3% on Tuesday . The company traded as high as C$0.36 and last traded at C$0.35. 320,311 shares were traded during trading, an increase of 163% from the average session volume of 121,952 shares. The stock had previously closed at C$0.26.
Arbor Metals Trading Down 8.8 %
The stock has a 50-day moving average price of C$0.31 and a two-hundred day moving average price of C$0.38. The stock has a market capitalization of C$21.28 million, a PE ratio of -10.33 and a beta of -3.71. 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
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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