Arbor Metals (CVE:ABR) Trading 64.7% Higher – Still a Buy?

Arbor Metals Corp. (CVE:ABRGet Free Report) traded up 64.7% during trading on Wednesday . The stock traded as high as C$0.92 and last traded at C$0.84. 1,716,723 shares changed hands during mid-day trading, an increase of 566% from the average session volume of 257,657 shares. The stock had previously closed at C$0.51.

Arbor Metals Price Performance

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 firm’s fifty day simple moving average is C$0.31 and its two-hundred day simple moving average is C$0.38. The firm has a market cap of C$57.67 million, a PE ratio of -28.00 and a beta of -3.71.

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.

Further Reading

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