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

Arbor Metals Corp. (CVE:ABR) shares traded down 44.6% on Thursday . The company traded as low as C$0.45 and last traded at C$0.47. 804,093 shares were traded during mid-day 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 stock 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 market cap of C$31.93 million, a PE ratio of -15.50 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.

Arbor Metals Company Profile

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.