Arbor Metals (CVE:ABR) Trading Up 64.7% – Here’s Why

Arbor Metals Corp. (CVE:ABRGet Free Report) shares rose 64.7% during mid-day trading on Wednesday . The stock traded as high as C$0.92 and last traded at C$0.84. Approximately 1,716,723 shares changed hands during trading, an increase of 566% from the average daily volume of 257,657 shares. The stock had previously closed at C$0.51.

Arbor Metals Trading Up 64.7 %

The company’s fifty day moving average price is C$0.31 and its 200-day moving average price is C$0.38. The stock has a market cap of C$57.67 million, a price-to-earnings ratio of -28.00 and a beta of -3.71. The company has a debt-to-equity ratio of 97.78, a current ratio of 243.01 and a quick ratio of 1.49.

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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