Arbor Metals (CVE:ABR) Trading 29.4% Higher – Should You Buy?

Arbor Metals Corp. (CVE:ABRGet Free Report)’s stock price was up 29.4% on Tuesday . The company traded as high as C$0.68 and last traded at C$0.66. Approximately 619,576 shares were traded during trading, an increase of 248% from the average daily volume of 178,125 shares. The stock had previously closed at C$0.51.

Arbor Metals Stock Up 41.2 %

The stock has a market capitalization of C$49.44 million, a P/E ratio of -24.00 and a beta of -3.71. The stock’s fifty day moving average is C$0.31 and its two-hundred day moving average is C$0.38. The company has a debt-to-equity ratio of 97.78, a current ratio of 243.01 and a quick ratio of 1.49.

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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