Arbor Metals (CVE:ABR) Trading Up 20.4% – Should You Buy?

Arbor Metals Corp. (CVE:ABRGet Free Report)’s stock price was up 20.4% during trading on Thursday . The stock traded as high as C$0.65 and last traded at C$0.56. Approximately 280,916 shares were traded during mid-day trading, a decline of 4% from the average daily volume of 293,232 shares. The stock had previously closed at C$0.47.

Arbor Metals Stock Performance

The stock has a 50 day simple moving average of C$0.32 and a two-hundred day simple moving average of C$0.39. The company has a market capitalization of C$38.45 million, a price-to-earnings 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

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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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