Arbor Metals (CVE:ABR) Stock Price Up 37.3% – Still a Buy?

Arbor Metals Corp. (CVE:ABR)’s stock price rose 37.3% during trading on Tuesday . The company traded as high as C$0.36 and last traded at C$0.35. Approximately 320,311 shares changed hands during trading, an increase of 163% from the average daily volume of 121,952 shares. The stock had previously closed at C$0.26.

Arbor Metals Trading Down 8.8 %

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 firm has a market capitalization of C$21.28 million, a P/E ratio of -10.33 and a beta of -3.71. The firm has a 50 day moving average price of C$0.31 and a two-hundred day moving average price of C$0.38.

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.