Arbor Metals (CVE:ABR) Shares Up 37.3% – What’s Next?

Arbor Metals Corp. (CVE:ABRGet Free Report) shares shot up 37.3% on Monday . The stock traded as high as C$0.35 and last traded at C$0.35. 286,311 shares were traded during trading, an increase of 190% from the average session volume of 98,890 shares. The stock had previously closed at C$0.26.

Arbor Metals Stock Performance

The company has a debt-to-equity ratio of 97.78, a current ratio of 243.01 and a quick ratio of 1.49. The firm has a fifty day moving average of C$0.31 and a 200 day moving average of C$0.39. The stock has a market capitalization of C$24.03 million, a price-to-earnings ratio of -11.67 and a beta of -3.71.

About Arbor Metals

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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.

Further Reading

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