Arbor Metals Corp. (CVE:ABR – Get Free Report) shares shot up 64.7% on Wednesday . The company traded as high as C$0.92 and last traded at C$0.84. 1,716,723 shares were traded during trading, an increase of 566% from the average session volume of 257,657 shares. The stock had previously closed at C$0.51.
Arbor Metals Stock Performance
The company’s 50-day simple moving average is C$0.31 and its 200-day simple moving average is C$0.38. The stock has a market capitalization of C$57.67 million, a price-to-earnings ratio of -28.00 and a beta of -3.71. The company has a current ratio of 243.01, a quick ratio of 1.49 and a debt-to-equity ratio of 97.78.
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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