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

Arbor Metals Corp. (CVE:ABR) shares traded up 25.9% during trading on Monday . The stock traded as high as C$0.52 and last traded at C$0.51. 333,706 shares changed hands during mid-day 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 Price Performance

The firm has a market capitalization of C$35.02 million, a PE ratio of -17.00 and a beta of -3.71. 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 stock has a 50-day moving average price of C$0.31 and a 200 day moving average price of C$0.38.

Arbor Metals Company Profile

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.