Arbor Metals (CVE:ABR) Trading Up 64.7% – Time to Buy?

Arbor Metals Corp. (CVE:ABR)’s share price traded up 64.7% during trading on Wednesday . The company traded as high as C$0.92 and last traded at C$0.84. 1,716,723 shares traded hands during trading, an increase of 566% from the average session volume of 257,657 shares. The stock had previously closed at C$0.51.

Arbor Metals Price Performance

The stock 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 debt-to-equity ratio of 97.78, a quick ratio of 1.49 and a current ratio of 243.01. The company has a fifty day simple moving average of C$0.31 and a two-hundred day simple moving average of 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.