Arbor Metals (CVE:ABR) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Arbor Metals Corp. (CVE:ABR – Get Free Report) 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 trading hands.

Arbor Metals Price Performance

The company has a market capitalization of C$18.99 million, a PE ratio of 23.00 and a beta of 2.67. The stock has a 50-day simple moving average of C$0.21 and a 200 day simple moving average of C$0.20.

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.

Featured Stories

• Five stocks we like better than Arbor Metals
• Trade this between 9:30 and 10:45 am EST
• New gold price target
• When to buy gold (mathematically)
• I’m 70 With $1.5M: Would Converting $120K a Year to a Roth Be Smart or a Costly Mistake? (Ask An Advisor)
• Wall Street’s New Sports Prediction Trade