Arbor Metals (CVE:ABR) Trading 64.7% Higher – Time to Buy?

Arbor Metals Corp. (CVE:ABRGet Free Report) was up 64.7% during mid-day trading on Tuesday . The stock 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 Performance

The business has a fifty day moving average of C$0.31 and a 200-day moving average of C$0.38. The company has a market cap of C$57.67 million, a PE ratio of -28.00 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.

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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