Arbor Metals (CVE:ABR) Stock Price Up 25.9% – Here’s What Happened

Shares of Arbor Metals Corp. (CVE:ABRGet Free Report) were up 25.9% on Monday . The stock traded as high as C$0.52 and last traded at C$0.51. Approximately 333,706 shares traded hands during trading, an increase of 129% from the average daily volume of 145,422 shares. The stock had previously closed at C$0.41.

Arbor Metals Trading Up 25.9 %

The business has a 50 day simple moving average of C$0.31 and a 200-day simple moving average of C$0.38. The stock has a market capitalization of C$35.02 million, a price-to-earnings ratio of -17.00 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.

Arbor Metals Company Profile

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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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