Arbor Metals (CVE:ABR) Stock Price Up 13.6% – Should You Buy?

Arbor Metals Corp. (CVE:ABRGet Free Report)’s stock price was up 13.6% during trading on Monday . The company traded as high as C$0.46 and last traded at C$0.46. Approximately 219,242 shares changed hands during trading, an increase of 61% from the average daily volume of 136,561 shares. The stock had previously closed at C$0.41.

Arbor Metals Trading Up 64.7 %

The company’s 50 day simple moving average is C$0.31 and its two-hundred day simple moving average is C$0.38. The company has a market capitalization of C$57.67 million, a price-to-earnings ratio of -28.00 and a beta of -3.71. The company has a quick ratio of 1.49, a current ratio of 243.01 and a debt-to-equity ratio of 97.78.

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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