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

Arbor Metals Corp. (CVE:ABRGet Free Report) shares traded up 20.4% during trading on Thursday . The stock traded as high as C$0.58 and last traded at C$0.56. 123,087 shares traded hands during trading, a decline of 56% from the average session volume of 277,503 shares. The stock had previously closed at C$0.47.

Arbor Metals Trading Up 29.0 %

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 company has a market capitalization of C$41.20 million, a price-to-earnings ratio of -20.00 and a beta of -3.71. The business’s 50-day moving average price is C$0.32 and its two-hundred day moving average price is C$0.39.

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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