Arbor Metals (CVE:ABR) Trading 25.9% Higher – Should You Buy?

Arbor Metals Corp. (CVE:ABRGet Free Report) was up 25.9% during mid-day trading on Tuesday . The company traded as high as C$0.52 and last traded at C$0.51. Approximately 333,706 shares were traded during mid-day trading, an increase of 129% from the average daily volume of 145,422 shares. The stock had previously closed at C$0.41.

Arbor Metals Stock Performance

The firm’s 50 day simple moving average is C$0.32 and its 200 day simple moving average is C$0.39. The firm has a market cap of C$31.93 million, a PE ratio of -15.50 and a beta of -3.71. The company has a current ratio of 243.01, a quick ratio of 1.49 and a debt-to-equity ratio of 97.78.

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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