Arbor Metals Corp. (CVE:ABR – Get Free Report) rose 17.4% during trading on Tuesday . The stock traded as high as C$0.14 and last traded at C$0.14. 162,586 shares were traded during mid-day trading, an increase of 51% from the average session volume of 107,437 shares. The stock had previously closed at C$0.12.
Arbor Metals Price Performance
The stock has a market capitalization of C$13.67 million, a P/E ratio of 18.31 and a beta of 1.33. The business’s 50 day simple moving average is C$0.13 and its 200-day simple moving average is C$0.18.
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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