Arbor Metals (CVE:ABR) Trading Up 37.3% – Here’s Why

Arbor Metals Corp. (CVE:ABR) rose 37.3% during mid-day trading on Tuesday . The stock traded as high as C$0.36 and last traded at C$0.35. Approximately 320,311 shares were traded during trading, an increase of 163% from the average daily volume of 121,952 shares. The stock had previously closed at C$0.26.

Arbor Metals Trading Up 37.3 %

The company has a debt-to-equity ratio of 97.78, a current ratio of 243.01 and a quick ratio of 1.49. The stock’s 50 day moving average is C$0.31 and its 200-day moving average is C$0.39. The company has a market capitalization of C$24.03 million, a P/E ratio of -11.67 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.