Arbor Metals (CVE:ABR) Trading 37.3% Higher – Time to Buy?

Arbor Metals Corp. (CVE:ABRGet Free Report)’s share price shot up 37.3% during trading on Monday . The stock traded as high as C$0.36 and last traded at C$0.35. 320,311 shares changed hands during trading, an increase of 163% from the average session volume of 121,952 shares. The stock had previously closed at C$0.26.

Arbor Metals Price 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 stock has a fifty day simple moving average of C$0.31 and a 200-day simple moving average of C$0.39. The company has a market capitalization of C$24.03 million, a price-to-earnings ratio of -11.67 and a beta of -3.71.

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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