Arbor Metals (CVE:ABR) Shares Up 25.9% – Still a Buy?

Arbor Metals Corp. (CVE:ABRGet Free Report)’s stock price traded up 25.9% during mid-day trading on Tuesday . The company traded as high as C$0.52 and last traded at C$0.51. 333,706 shares were traded during trading, an increase of 129% from the average session volume of 145,422 shares. The stock had previously closed at C$0.41.

Arbor Metals Trading Up 25.9 %

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 firm’s 50 day moving average price is C$0.31 and its 200 day moving average price is C$0.38. The stock has a market capitalization of C$35.02 million, a P/E ratio of -17.00 and a beta of -3.71.

About Arbor Metals

(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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