Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) shot up 26.9% on Monday . The company traded as high as C$0.35 and last traded at C$0.33. 144,691 shares traded hands during trading, a decline of 20% from the average session volume of 181,615 shares. The stock had previously closed at C$0.26.
Arbor Metals Trading Up 26.9%
The firm has a fifty day simple moving average of C$0.17 and a 200 day simple moving average of C$0.19. The stock has a market cap of C$27.24 million, a price-to-earnings ratio of 33.00 and a beta of 1.78.
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. The company was formerly known as Vela Minerals Ltd. and changed its name to Arbor Metals Corp. in August 2019. Arbor Metals Corp. was incorporated in 2011 and is headquartered in Vancouver, Canada.
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