Arbor Metals (CVE:ABR) Sets New 12-Month Low – Time to Sell?

Arbor Metals Corp. (CVE:ABR – Get Free Report)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as C$0.11 and last traded at C$0.14, with a volume of 630244 shares changing hands. The stock had previously closed at C$0.13.

Arbor Metals Price Performance

The firm has a 50-day simple moving average of C$0.16 and a 200 day simple moving average of C$0.19. The company has a market capitalization of C$12.74 million, a PE ratio of 19.78 and a beta of 1.37.

About Arbor Metals

(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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