Arbor Metals Corp. (CVE:ABR – Get Free Report) traded up 90% during trading on Wednesday . The stock traded as high as C$0.40 and last traded at C$0.38. 478,886 shares traded hands during trading, an increase of 394% from the average session volume of 96,872 shares. The stock had previously closed at C$0.20.
Arbor Metals Trading Up 90.0%
The business has a 50 day moving average of C$0.16 and a two-hundred day moving average of C$0.19. The firm has a market cap of C$31.37 million, a P/E ratio of 38.00 and a beta of 1.78.
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. 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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