Arbor Metals (CVE:ABR) Trading Up 37.3% – Here’s Why

Arbor Metals Corp. (CVE:ABRGet Free Report)’s share price shot up 37.3% during mid-day trading on Monday . The stock traded as high as C$0.36 and last traded at C$0.35. 320,311 shares traded hands during 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 Down 8.8 %

The company has a market capitalization of C$21.28 million, a P/E ratio of -10.33 and a beta of -3.71. The stock has a 50 day moving average price of C$0.31 and a 200 day moving average price of C$0.38. 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

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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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