Arbor Metals (CVE:ABR) Reaches New 1-Year Low – What’s Next?

by · The Cerbat Gem

Arbor Metals Corp. (CVE:ABRGet Free Report)’s share price hit a new 52-week low during trading on Monday . The company traded as low as C$0.33 and last traded at C$0.34, with a volume of 38058 shares traded. The stock had previously closed at C$0.35.

Arbor Metals Stock Down 4.3 %

The stock has a fifty day moving average of C$0.38 and a 200 day moving average of C$0.45. The firm has a market capitalization of C$22.66 million, a P/E ratio of -11.17 and a beta of -3.71. The company has a debt-to-equity ratio of 97.78, a current ratio of 243.01 and a quick ratio of 1.49.

About Arbor Metals

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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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