Arbor Metals (CVE:ABR) Trading Up 64.7% – Still a Buy?

Arbor Metals Corp. (CVE:ABRGet Free Report) shares were up 64.7% during trading on Wednesday . The company traded as high as C$0.92 and last traded at C$0.84. Approximately 1,716,723 shares changed hands during trading, an increase of 566% from the average daily volume of 257,657 shares. The stock had previously closed at C$0.51.

Arbor Metals Price Performance

The company has a fifty day moving average of C$0.32 and a 200-day moving average of C$0.39. The firm has a market cap of C$38.45 million, a P/E ratio of -18.67 and a beta of -3.71. The company has a debt-to-equity ratio of 97.78, a current ratio of 243.01 and a quick ratio of 1.49.

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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