Arbor Metals (CVE:ABR) Shares Up 22.6% – Here’s Why

Arbor Metals Corp. (CVE:ABRGet Free Report)’s stock price shot up 22.6% during trading on Thursday . The stock traded as high as C$0.65 and last traded at C$0.57. 277,916 shares traded hands during mid-day trading, a decline of 5% from the average session volume of 293,076 shares. The stock had previously closed at C$0.47.

Arbor Metals Trading Up 16.1 %

The company has a market capitalization of C$37.08 million, a P/E ratio of -18.00 and a beta of -3.71. The company has a debt-to-equity ratio of 97.78, a quick ratio of 1.49 and a current ratio of 243.01. The stock has a fifty day moving average of C$0.32 and a 200 day moving average of C$0.39.

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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