Arbor Metals (CVE:ABR) Stock Price Up 20.4% – Time to Buy?

Arbor Metals Corp. (CVE:ABRGet Free Report) rose 20.4% during mid-day trading on Thursday . The company traded as high as C$0.65 and last traded at C$0.56. Approximately 280,916 shares changed hands during mid-day trading, a decline of 4% from the average daily volume of 293,263 shares. The stock had previously closed at C$0.47.

Arbor Metals Stock Up 20.4 %

The business has a 50-day moving average price of C$0.32 and a two-hundred day moving average price of C$0.39. 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 has a market cap of C$38.45 million, a PE ratio of -18.67 and a beta of -3.71.

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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