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

by · The Cerbat Gem

Arbor Metals Corp. (CVE:ABR – Get Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.43 and traded as low as C$0.30. Arbor Metals shares last traded at C$0.34, with a volume of 5,568 shares trading hands.

Arbor Metals Price Performance

The company has a market cap of C$26.06 million, a price-to-earnings ratio of -13.57 and a beta of -3.71. The business’s fifty day moving average price is C$0.43 and its 200 day moving average price is C$0.38.

About Arbor Metals

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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.

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