|Bid||0.0250 x 0|
|Ask||0.0350 x 0|
|Day's Range||0.0350 - 0.0350|
|52 Week Range||0.0200 - 0.0800|
|Beta (5Y Monthly)||0.50|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr. 27, 2020 - May 03, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Arena Minerals Inc. ("Arena" or the "Company") (AN.V) is pleased to report results from its recently completed surface transient electromagnetic (“TEM”) survey over the Antofalla North claim block. The survey results confirm the presence of halite over the salar surface, representing approximately 15% of the claim block, but also discovered low resistivity fields at depth along the eastern margin of the survey area. This low resistivity field is interpreted as a large aquifer saturated with brine, increasing the prospective brine field by 600 percent.
Arena Minerals Inc. (CVE:AN) shareholders should be happy to see the share price up 30% in the last quarter. But spare a thought for the long term holders, who have held the stock as it bled value over the last five years...