Arbor Metals (CVE:ABR) Shares Up 16.1% – Time to Buy?

Shares of Arbor Metals Corp. (CVE:ABRGet Free Report) traded up 16.1% during trading on Thursday . The stock traded as high as C$0.65 and last traded at C$0.54. 285,516 shares traded hands during mid-day trading, a decline of 3% from the average session volume of 293,520 shares. The stock had previously closed at C$0.47.

Arbor Metals Stock Up 7.1 %

The company has a quick ratio of 1.49, a current ratio of 243.01 and a debt-to-equity ratio of 97.78. The business has a 50-day simple moving average of C$0.32 and a two-hundred day simple moving average of C$0.39. The stock has a market capitalization of C$41.20 million, a P/E ratio of -20.00 and a beta of -3.71.

Arbor Metals Company Profile

(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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