Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) traded down 16.7% during trading on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.10. 1,005,085 shares changed hands during trading, an increase of 839% from the average daily volume of 107,029 shares. The stock had previously closed at C$0.12.
Arbor Metals Price Performance
The company has a fifty day simple moving average of C$0.13 and a 200-day simple moving average of C$0.16. The company has a market cap of C$10.12 million, a P/E ratio of 18.31 and a beta of 1.33.
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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