Arbor Metals Corp. (CVE:ABR – Get Free Report) shares were up 60% during mid-day trading on Wednesday . The company traded as high as C$0.33 and last traded at C$0.32. Approximately 332,559 shares were traded during trading, an increase of 313% from the average daily volume of 80,559 shares. The stock had previously closed at C$0.20.
Arbor Metals Trading Up 65.0%
The stock has a fifty day simple moving average of C$0.16 and a two-hundred day simple moving average of C$0.19. The firm has a market cap of C$27.24 million, a PE ratio of 33.00 and a beta of 1.78.
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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