Arbor Metals (CVE:ABR) Trading 31.2% Higher – Here’s What Happened

Arbor Metals Corp. (CVE:ABRGet Free Report)’s stock price shot up 31.2% during mid-day trading on Thursday . The company traded as high as C$0.65 and last traded at C$0.61. 239,697 shares changed hands during trading, a decline of 17% from the average session volume of 290,375 shares. The stock had previously closed at C$0.47.

Arbor Metals Stock Up 18.3 %

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 firm has a market capitalization of C$37.76 million, a P/E ratio of -18.33 and a beta of -3.71. The company has a 50 day simple moving average of C$0.32 and a two-hundred day simple moving average of C$0.39.

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.

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