Arbor Metals (CVE:ABR) Trading 22.2% Higher – Should You Buy?

Arbor Metals Corp. (CVE:ABRGet Free Report)’s stock price was up 22.2% during trading on Monday . The company traded as high as C$0.52 and last traded at C$0.50. Approximately 312,706 shares changed hands during mid-day trading, an increase of 118% from the average daily volume of 143,191 shares. The stock had previously closed at C$0.41.

Arbor Metals Stock Performance

The company has a market capitalization of C$57.67 million, a P/E ratio of -28.00 and a beta of -3.71. The business has a 50 day moving average of C$0.31 and a 200 day moving average of C$0.38. The company has a quick ratio of 1.49, a current ratio of 243.01 and a debt-to-equity ratio of 97.78.

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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