Arbor Metals (CVE:ABR) Trading 31.2% Higher – Should You Buy?

Arbor Metals Corp. (CVE:ABRGet Free Report) was up 31.2% during mid-day trading on Thursday . The company traded as high as C$0.65 and last traded at C$0.61. Approximately 239,697 shares were traded during mid-day trading, a decline of 17% from the average daily volume of 290,375 shares. The stock had previously closed at C$0.47.

Arbor Metals Stock Up 18.3 %

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 cap of C$37.76 million, a P/E ratio of -18.33 and a beta of -3.71. The stock’s 50 day simple moving average is C$0.32 and its 200 day simple moving average is C$0.39.

About Arbor Metals

(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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