Arbor Metals Corp. (CVE:ABR – Get Free Report)’s stock price traded down 16.7% during trading on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.10. 1,005,085 shares changed hands during trading, an increase of 839% from the average daily volume of 107,029 shares. The stock had previously closed at C$0.12.
Arbor Metals Stock Performance
The firm has a market cap of C$10.12 million, a price-to-earnings ratio of 18.31 and a beta of 1.33. The business has a fifty day moving average of C$0.12 and a two-hundred day moving average of C$0.15.
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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