Arbor Metals (CVE:ABR) Shares Up 22.2% – Should You Buy?

Arbor Metals Corp. (CVE:ABRGet Free Report) shot up 22.2% during trading on Monday . The stock traded as high as C$0.52 and last traded at C$0.50. 312,706 shares traded hands during mid-day trading, an increase of 118% from the average session volume of 143,191 shares. The stock had previously closed at C$0.41.

Arbor Metals Stock Up 64.7 %

The stock has a fifty day simple moving average of C$0.31 and a two-hundred day simple moving average of C$0.38. The firm has a market cap of C$57.67 million, a PE ratio of -28.00 and a beta of -3.71. The company has a current ratio of 243.01, a quick ratio of 1.49 and a debt-to-equity ratio of 97.78.

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.

Further Reading

Receive News & Ratings for Arbor Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arbor Metals and related companies with MarketBeat.com's FREE daily email newsletter.