Arbor Metals Corp. (CVE:ABR – Get Free Report) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.21 and traded as low as C$0.20. Arbor Metals shares last traded at C$0.20, with a volume of 81,335 shares.
Arbor Metals Price Performance
The firm’s 50-day moving average price is C$0.21 and its 200 day moving average price is C$0.20. The firm has a market capitalization of C$18.99 million, a price-to-earnings ratio of 23.00 and a beta of 2.67.
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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