Vanadiumcorp Resource (CVE:VRB) Sets New 12-Month Low – Here’s Why

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report)’s share price reached a new 52-week low on Tuesday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 40000 shares. The stock had previously closed at C$0.09.

Vanadiumcorp Resource Stock Performance

The company’s fifty day simple moving average is C$0.09 and its 200 day simple moving average is C$0.11. The company has a current ratio of 0.35, a quick ratio of 0.06 and a debt-to-equity ratio of 4.74. The stock has a market capitalization of C$2.01 million, a P/E ratio of -1.42 and a beta of -0.27.

About Vanadiumcorp Resource

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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. VanadiumCorp also holds a strategic vanadium-titanium-iron bearing resource base in mining friendly Quebec, Canada.

Further Reading

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