Arbor Metals Corp. (CVE:ABR – Get Rating)’s share price traded up 6.1% during mid-day trading on Friday . The stock traded as high as C$2.80 and last traded at C$2.77. 10,708 shares changed hands during mid-day trading, a decline of 77% from the average session volume of 47,275 shares. The stock had previously closed at C$2.61.
Arbor Metals Stock Performance
The company has a debt-to-equity ratio of 97.78, a quick ratio of 1.49 and a current ratio of 0.12. The business’s 50-day moving average is C$3.02 and its 200-day moving average is C$2.75. The company has a market capitalization of C$166.12 million, a PE ratio of -138.50 and a beta of -3.86.
Arbor Metals Company Profile
Arbor Metals Corp. acquires, evaluates, and develops natural resource properties in Canada. It holds an option agreement to acquire a 100% interest in the Rakounga Gold Project located in Burkina Faso, West Africa. The company also holds interest in the Miller Crossing lithium project comprising 194 claims covering an area of 3,880 acres located in Nevada, United States.
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