Arbor Metals (CVE:ABR) Reaches New 12-Month Low – Here’s What Happened

Arbor Metals Corp. (CVE:ABRGet Free Report)’s stock price reached a new 52-week low on Friday . The stock traded as low as C$0.22 and last traded at C$0.24, with a volume of 100347 shares changing hands. The stock had previously closed at C$0.25.

Arbor Metals Trading Down 4.1 %

The company has a 50 day simple moving average of C$0.32 and a two-hundred day simple moving average of C$0.40. 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 company has a market cap of C$16.14 million, a PE ratio of -7.83 and a beta of -3.71.

Arbor Metals Company Profile

(Get Free Report)

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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