Arbor Metals (CVE:ABR) Stock Price Up 37.3% – Time to Buy?

Arbor Metals Corp. (CVE:ABRGet Free Report)’s share price was up 37.3% during trading on Tuesday . The company traded as high as C$0.72 and last traded at C$0.70. Approximately 981,040 shares changed hands during mid-day trading, an increase of 386% from the average daily volume of 201,856 shares. The stock had previously closed at C$0.51.

Arbor Metals Price Performance

The firm has a market capitalization of C$38.45 million, a P/E ratio of -18.67 and a beta of -3.71. The company has a fifty day moving average of C$0.32 and a 200 day moving average of C$0.39. The company has a debt-to-equity ratio of 97.78, a current ratio of 243.01 and a quick ratio of 1.49.

About Arbor Metals

(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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