Arbor Metals (CVE:ABR) Trading 25.9% Higher – Here’s Why

Arbor Metals Corp. (CVE:ABR)’s stock price rose 25.9% during mid-day trading on Tuesday . The company 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 Trading Up 25.9 %

The company has a market cap of C$35.02 million, a P/E ratio of -17.00 and a beta of -3.71. The firm has a 50-day moving average of C$0.31 and a 200 day moving average of C$0.38. The company has a current ratio of 243.01, a quick ratio of 1.49 and a debt-to-equity ratio of 97.78.

Arbor Metals Company Profile

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.