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

Arbor Metals Corp. (CVE:ABR) shot up 37.3% during trading on Tuesday . The company traded as high as C$0.36 and last traded at C$0.35. 320,311 shares changed hands during trading, an increase of 163% from the average session volume of 121,952 shares. The stock had previously closed at C$0.26.

Arbor Metals Stock Performance

The stock has a market cap of C$21.28 million, a P/E ratio of -10.33 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. The company has a fifty day moving average of C$0.31 and a 200 day moving average of C$0.38.

Arbor Metals Company Profile

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.