Arbor Metals (CVE:ABR) Reaches New 1-Year Low – Should You Sell?

Shares of Arbor Metals Corp. (CVE:ABR – Get Free Report) reached a new 52-week low on Monday. The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 11,159 shares traded. The stock had previously closed at C$0.07.

Arbor Metals Stock Down 7.7%

The company has a 50 day simple moving average of C$0.09 and a 200-day simple moving average of C$0.12. The stock has a market capitalization of C$6.07 million, a price-to-earnings ratio of 18.31 and a beta of 1.11.

Arbor Metals Company Profile

(Get Free Report)

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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