Arbor Metals (CVE:ABR) Trading Up 25.9% – Should You Buy?

Arbor Metals Corp. (CVE:ABRGet Free Report) shares traded up 25.9% during mid-day 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 Trading Up 64.7 %

The business has a fifty day simple moving average of C$0.31 and a 200-day simple moving average of C$0.38. 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$57.67 million, a price-to-earnings ratio of -28.00 and a beta of -3.71.

Arbor Metals Company Profile

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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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