Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) shot up 22.2% on Monday . The stock traded as high as C$0.52 and last traded at C$0.50. 312,706 shares were traded during mid-day trading, an increase of 118% from the average session volume of 143,191 shares. The stock had previously closed at C$0.41.
Arbor Metals Stock Performance
The company has a quick ratio of 1.49, a current ratio of 243.01 and a debt-to-equity ratio of 97.78. The stock has a market cap of C$35.02 million, a PE ratio of -17.00 and a beta of -3.71. The firm has a 50 day moving average price of C$0.31 and a 200 day moving average price of C$0.38.
About Arbor Metals
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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