Arbor Metals (CVE:ABR) Trading 37.3% Higher – Still a Buy?

Arbor Metals Corp. (CVE:ABRGet Free Report) was up 37.3% 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 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 Up 37.3 %

The stock’s 50-day moving average price is C$0.31 and its 200-day moving average price is C$0.39. The company has a current ratio of 243.01, a quick ratio of 1.49 and a debt-to-equity ratio of 97.78. The company has a market cap of C$24.03 million, a P/E ratio of -11.67 and a beta of -3.71.

About Arbor Metals

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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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