Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report)’s stock price fell 14.9% on Monday . The company traded as low as C$0.20 and last traded at C$0.20. 129,305 shares changed hands during mid-day trading, an increase of 87% from the average session volume of 69,285 shares. The stock had previously closed at C$0.24.
Vanadiumcorp Resource Trading Down 14.9%
The firm has a market cap of C$2.85 million, a P/E ratio of -5.00 and a beta of -0.26. The company has a current ratio of 0.10, a quick ratio of 0.06 and a debt-to-equity ratio of 9.31. The company’s fifty day moving average price is C$0.23 and its two-hundred day moving average price is C$0.18.
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. VanadiumCorp also holds a strategic vanadium-titanium-iron bearing resource base in mining friendly Quebec, Canada.
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