Arbor Metals Corp. (CVE:ABR – Get Free Report)’s stock price shot up 37.3% on Monday . The company traded as high as C$0.36 and last traded at C$0.35. 320,311 shares were traded during mid-day 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 Stock Performance
The company’s 50-day moving average is C$0.31 and its two-hundred day moving average is C$0.38. 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 company has a market cap of C$21.28 million, a P/E ratio of -10.33 and a beta of -3.71.
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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