Arbor Metals (CVE:ABR) Stock Price Up 25.9% – Here’s What Happened

Arbor Metals Corp. (CVE:ABR)’s share price rose 25.9% on Monday . The stock traded as high as C$0.52 and last traded at C$0.51. Approximately 333,706 shares traded hands during mid-day trading, an increase of 129% from the average daily volume of 145,422 shares. The stock had previously closed at C$0.41.

Arbor Metals Price Performance

The company has a fifty day simple moving average of C$0.31 and a 200 day simple moving average of C$0.38. The stock has a market capitalization of C$35.02 million, a price-to-earnings ratio of -17.00 and a beta of -3.71. The company has a debt-to-equity ratio of 97.78, a quick ratio of 1.49 and a current ratio of 243.01.

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.