Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) hit a new 52-week low during trading on Monday. The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 130,352 shares traded. The stock had previously closed at C$0.06.
Arbor Metals Stock Performance
The firm’s 50 day moving average price is C$0.08 and its two-hundred day moving average price is C$0.14. The company has a market cap of C$5.57 million, a P/E ratio of 18.31 and a beta of 0.53.
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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