Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report) shares were down 16.7% during mid-day trading on Tuesday . The stock traded as low as C$0.20 and last traded at C$0.20. Approximately 145,051 shares changed hands during mid-day trading, an increase of 113% from the average daily volume of 68,184 shares. The stock had previously closed at C$0.24.
Vanadiumcorp Resource Stock Up 17.5%
The firm has a market capitalization of C$3.35 million, a P/E ratio of -5.88 and a beta of -0.26. The company has a debt-to-equity ratio of 9.31, a quick ratio of 0.06 and a current ratio of 0.10. The stock has a 50 day moving average of C$0.24 and a 200-day moving average 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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