Arbor Metals (CVE:ABR) Trading 25.9% Higher – What’s Next?

Arbor Metals Corp. (CVE:ABR) shares shot up 25.9% during mid-day trading on Tuesday . The company traded as high as C$0.52 and last traded at C$0.51. 333,706 shares were traded 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 Down 44.6 %

The firm’s 50 day moving average price is C$0.32 and its two-hundred day moving average price is C$0.39. The firm 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 quick ratio of 1.49, a current ratio of 243.01 and a debt-to-equity ratio of 97.78.

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.