Arbor Metals (CVE:ABR) Stock Price Up 25.9% – Here’s Why

Arbor Metals Corp. (CVE:ABR)’s stock price was up 25.9% on Tuesday . The company traded as high as C$0.52 and last traded at C$0.51. Approximately 333,706 shares were traded during 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 stock has a market cap of C$35.02 million, a P/E ratio of -17.00 and a beta of -3.71. 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’s fifty day simple moving average is C$0.31 and its 200-day simple moving average is C$0.38.

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.