Arbor Metals Corp. (CVE:ABR – Get Free Report)’s share price traded down 16.7% during mid-day trading on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 1,005,085 shares traded hands during mid-day trading, an increase of 839% from the average session volume of 107,029 shares. The stock had previously closed at C$0.12.
Arbor Metals Stock Down 16.7%
The stock has a market capitalization of C$10.12 million, a price-to-earnings ratio of 18.31 and a beta of 1.33. The business has a 50-day simple moving average of C$0.13 and a two-hundred day simple moving average of C$0.16.
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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