Arbor Metals Corp. (CVE:ABR – Get Free Report) dropped 10.6% during trading on Friday . The company traded as low as C$0.15 and last traded at C$0.15. Approximately 209,326 shares changed hands during mid-day trading, an increase of 147% from the average daily volume of 84,602 shares. The stock had previously closed at C$0.17.
Arbor Metals Stock Performance
The stock has a fifty day moving average of C$0.17 and a 200 day moving average of C$0.19. The company has a market capitalization of C$13.21 million, a PE ratio of 20.51 and a beta of 1.26.
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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