Arbor Metals Corp. (CVE:ABR – Get Free Report)’s stock price traded up 47.5% during trading on Wednesday . The stock traded as high as C$0.30 and last traded at C$0.30. 209,659 shares were traded during mid-day trading, an increase of 203% from the average session volume of 69,304 shares. The stock had previously closed at C$0.20.
Arbor Metals Stock Up 55.0%
The firm has a market capitalization of C$25.59 million, a price-to-earnings ratio of 31.00 and a beta of 1.78. The company has a 50-day moving average price of C$0.16 and a 200-day moving average price of C$0.19.
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. 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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