Arbor Metals (CVE:ABR) Trading Up 64.7% – Time to Buy?

Arbor Metals Corp. (CVE:ABRGet Free Report)’s stock price shot up 64.7% during trading on Tuesday . The company traded as high as C$0.92 and last traded at C$0.84. 1,716,723 shares were traded during trading, an increase of 566% from the average session volume of 257,657 shares. The stock had previously closed at C$0.51.

Arbor Metals Price Performance

The firm has a market capitalization of C$57.67 million, a PE ratio of -28.00 and a beta of -3.71. The company has a 50-day moving average price of C$0.31 and a 200-day moving average price of C$0.38. The company has a debt-to-equity ratio of 97.78, a current ratio of 243.01 and a quick ratio of 1.49.

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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