Arbor Metals (CVE:ABR) Trading 17.4% Higher – Still a Buy?

Arbor Metals Corp. (CVE:ABRGet Free Report) shares traded up 17.4% on Tuesday . The company traded as high as C$0.14 and last traded at C$0.14. 162,586 shares were traded during trading, an increase of 51% from the average session volume of 107,437 shares. The stock had previously closed at C$0.12.

Arbor Metals Price Performance

The company’s 50 day moving average price is C$0.13 and its 200-day moving average price is C$0.18. The stock has a market cap of C$13.16 million, a P/E ratio of 18.31 and a beta of 1.33.

Arbor Metals Company Profile

(Get Free Report)

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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