Arbor Metals (CVE:ABR) Trading 25.9% Higher – Here’s Why

Shares of Arbor Metals Corp. (CVE:ABR) traded up 25.9% during trading on Monday . The company traded as high as C$0.52 and last traded at C$0.51. 333,706 shares traded hands during mid-day trading, an increase of 129% from the average session volume of 145,422 shares. The stock had previously closed at C$0.41.

Arbor Metals Stock Up 25.9 %

The stock’s fifty day moving average price is C$0.31 and its 200 day moving average price is 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. The stock has a market cap of C$35.02 million, a P/E ratio of -17.00 and a beta of -3.71.

Arbor Metals Company Profile

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.