Arbor Metals Corp. (CVE:ABR – Get Free Report)’s stock price shot up 37.3% on Tuesday . The company traded as high as C$0.72 and last traded at C$0.70. Approximately 775,108 shares changed hands during mid-day trading, an increase of 307% from the average session volume of 190,361 shares. The stock had previously closed at C$0.51.
Arbor Metals Trading Up 20.4 %
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 company has a market capitalization of C$38.45 million, a P/E ratio of -18.67 and a beta of -3.71. The company’s fifty day simple moving average is C$0.32 and its 200-day simple moving average is C$0.39.
About Arbor Metals
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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