Arbor Metals (CVE:ABR) Trading 25.9% Higher – Should You Buy?

Arbor Metals Corp. (CVE:ABRGet Free Report) shares shot up 25.9% on Tuesday . The company traded as high as C$0.52 and last traded at C$0.51. 333,706 shares traded hands during trading, an increase of 129% from the average session volume of 145,422 shares. The stock had previously closed at C$0.41.

Arbor Metals Stock Performance

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 current ratio of 243.01, a quick ratio of 1.49 and a debt-to-equity ratio of 97.78. The firm has a 50-day moving average of C$0.31 and a 200-day moving average of C$0.38.

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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