Vanadiumcorp Resource (CVE:VRB) Trading 2.1% Higher – Here’s What Happened

Vanadiumcorp Resource Inc (CVE:VRB)’s stock price shot up 2.1% during trading on Tuesday . The company traded as high as C$0.24 and last traded at C$0.24. 13,400 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 67,634 shares. The stock had previously closed at C$0.24.

Vanadiumcorp Resource Stock Up 2.1%

The firm’s 50 day moving average price is C$0.19 and its two-hundred day moving average price is C$0.16. The company has a debt-to-equity ratio of 9.31, a current ratio of 0.10 and a quick ratio of 0.06. The firm has a market cap of C$3.42 million, a price-to-earnings ratio of -6.00 and a beta of -0.31.

Vanadiumcorp Resource Company Profile

VanadiumCorp has developed a new technology to produce reusable vanadium electrolyte directly and sustainably from virtually any source for perpetual use in vanadium batteries. Jointly developed with Electrochem Technologies and Materials Inc “VEPT” eliminates the carbon footprint and high cost associated with global vanadium supply.