Arbor Metals Corp. (CVE:ABR – Get Free Report)’s stock price reached a new 52-week low during trading on Tuesday. The company traded as low as C$0.07 and last traded at C$0.07, with a volume of 106,596 shares. The stock had previously closed at C$0.07.
Arbor Metals Stock Down 6.7%
The company has a market cap of C$7.09 million, a P/E ratio of 18.31 and a beta of 1.11. The firm’s 50-day moving average price is C$0.10 and its 200-day moving average price is C$0.13.
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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