Arbor Metals Corp. (CVE:ABR – Get Free Report)’s share price dropped 33.3% on Wednesday . The company traded as low as C$0.55 and last traded at C$0.56. Approximately 473,615 shares traded hands during mid-day trading, an increase of 75% from the average daily volume of 271,347 shares. The stock had previously closed at C$0.84.
Arbor Metals Stock Down 45.8 %
The firm’s 50-day moving average is C$0.32 and its two-hundred day moving average is 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. The stock has a market cap of C$31.24 million, a P/E ratio of -15.17 and a beta of -3.71.
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.
Read More
- Five stocks we like better than Arbor Metals
- What is the FTSE 100 index?
- Oracle Announces Game-Changing News for the AI Industry
- What does consumer price index measure?
- Netflix Adds 19 Million Subscribers, Growth Is Far From Over
- Using the MarketBeat Dividend Tax Calculator
- Tempus AI: A Game-Changer in AI-Powered Healthcare
Receive News & Ratings for Arbor Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arbor Metals and related companies with MarketBeat.com's FREE daily email newsletter.