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

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

Arbor Metals Trading Up 64.7 %

The company has a debt-to-equity ratio of 97.78, a quick ratio of 1.49 and a current ratio of 243.01. The firm has a market capitalization of C$57.67 million, a P/E ratio of -28.00 and a beta of -3.71. The firm has a 50 day moving average price of C$0.31 and a two-hundred day moving average price of C$0.38.

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.