Arbor Metals (CVE:ABR) Shares Up 64.7% – What’s Next?

Arbor Metals Corp. (CVE:ABR) rose 64.7% on Wednesday . The stock traded as high as C$0.92 and last traded at C$0.84. Approximately 1,716,723 shares were traded 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 Price Performance

The stock has a 50 day moving average of C$0.32 and a 200-day moving average of C$0.39. The company has a current ratio of 243.01, a quick ratio of 1.49 and a debt-to-equity ratio of 97.78. The stock has a market capitalization of C$38.45 million, a P/E ratio of -18.67 and a beta of -3.71.

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.