Arbor Metals (CVE:ABR) Stock Price Up 37.3% – Should You Buy?

Arbor Metals Corp. (CVE:ABR)’s share price traded up 37.3% on Tuesday . The stock traded as high as C$0.36 and last traded at C$0.35. 320,311 shares changed hands during trading, an increase of 163% from the average session volume of 121,952 shares. The stock had previously closed at C$0.26.

Arbor Metals Stock Down 8.8 %

The company has a market cap of C$21.28 million, a price-to-earnings ratio of -10.33 and a beta of -3.71. The stock has a 50-day simple moving average of C$0.31 and a 200-day simple moving average of C$0.38. The company has a current ratio of 243.01, a quick ratio of 1.49 and a debt-to-equity ratio of 97.78.

About Arbor Metals

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.