Arbor Metals (CVE:ABR) Stock Price Up 43.1% – Should You Buy?

Arbor Metals Corp. (CVE:ABRGet Free Report)’s stock price rose 43.1% during trading on Tuesday . The company traded as high as C$0.77 and last traded at C$0.73. Approximately 1,368,929 shares were traded during mid-day trading, an increase of 495% from the average daily volume of 230,198 shares. The stock had previously closed at C$0.51.

Arbor Metals Trading Up 20.4 %

The company’s 50 day simple moving average is C$0.32 and its two-hundred day simple moving average is C$0.39. The company has a market cap of C$38.45 million, a PE 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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