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Arbor Metals (CVE:ABR) Trading 64.7% Higher - Time to Buy?

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Shares of Arbor Metals Corp. (CVE:ABR - Get Free Report) shot up 64.7% on Wednesday . The company traded as high as C$0.92 and last traded at C$0.84. 1,716,723 shares were traded during mid-day trading, an increase of 566% from the average session volume of 257,657 shares. The stock had previously closed at C$0.51.

Arbor Metals Price Performance

The stock has a market capitalization of C$31.93 million, a PE ratio of -15.50 and a beta of -3.71. 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's fifty day simple moving average is C$0.32 and its two-hundred day simple moving average is C$0.39.

Arbor Metals Company Profile

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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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