Arbor Metals (CVE:ABR) Stock Price Up 47.5% – What’s Next?

Arbor Metals Corp. (CVE:ABRGet Free Report)’s share price traded up 47.5% during mid-day trading on Wednesday . The company traded as high as C$0.30 and last traded at C$0.30. 209,659 shares changed hands 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 Trading Down 8.8%

The firm has a market cap of C$21.46 million, a PE ratio of 26.00 and a beta of 1.78. The company has a 50 day moving average price of C$0.17 and a 200 day moving average price of C$0.19.

About Arbor Metals

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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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