Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report) fell 17.5% during mid-day trading on Tuesday . The company traded as low as C$0.15 and last traded at C$0.17. 419,415 shares traded hands during mid-day trading, an increase of 143% from the average session volume of 172,695 shares. The stock had previously closed at C$0.20.
Vanadiumcorp Resource Stock Performance
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 capitalization of C$2.42 million, a PE ratio of -4.25 and a beta of 0.34. The firm has a fifty day moving average price of C$0.23 and a 200 day moving average price of C$0.18.
About Vanadiumcorp Resource
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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