Arbor Metals (CVE:ABR) Trading 37.3% Higher – Here’s What Happened

Arbor Metals Corp. (CVE:ABR) rose 37.3% during mid-day trading on Monday . The stock traded as high as C$0.36 and last traded at C$0.35. Approximately 320,311 shares changed hands during mid-day trading, an increase of 163% from the average daily volume of 121,952 shares. The stock had previously closed at C$0.26.

Arbor Metals Stock Performance

The business has a fifty day moving average of C$0.31 and a 200-day moving average of C$0.39. The company has a market cap of C$24.03 million, a PE ratio of -11.67 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.

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.