Arbor Metals (CVE:ABR) Stock Price Up 64.7% – Still a Buy?

Shares of Arbor Metals Corp. (CVE:ABRGet Free Report) rose 64.7% during trading on Wednesday . The company traded as high as C$0.92 and last traded at C$0.84. Approximately 1,716,723 shares traded hands during trading, an increase of 566% from the average daily volume of 257,657 shares. The stock had previously closed at C$0.51.

Arbor Metals Stock Up 64.7 %

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 company has a market capitalization of C$57.67 million, a PE ratio of -28.00 and a beta of -3.71. The business’s 50 day simple moving average is C$0.31 and its 200 day simple moving average is C$0.38.

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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