Arbor Metals (CVE:ABR) Trading Up 64.7% – Still a Buy?

Arbor Metals Corp. (CVE:ABRGet Free Report) rose 64.7% on Wednesday . The company traded as high as C$0.92 and last traded at C$0.84. Approximately 1,716,723 shares traded hands during mid-day trading, an increase of 566% from the average daily volume of 257,657 shares. The stock had previously closed at C$0.51.

Arbor Metals Stock Up 64.7 %

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 capitalization of C$57.67 million, a price-to-earnings ratio of -28.00 and a beta of -3.71. The stock’s fifty day simple moving average is C$0.31 and its two-hundred day simple moving average is C$0.38.

About Arbor Metals

(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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