Arbor Metals (CVE:ABR) Stock Price Up 25.9% – Should You Buy?

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

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’s 50-day simple moving average is C$0.31 and its 200 day simple moving average is C$0.38. The firm has a market cap of C$35.02 million, a P/E ratio of -17.00 and a beta of -3.71.

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.