Shares of Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report) fell 16% on Monday . The stock traded as low as C$0.21 and last traded at C$0.21. 125,080 shares traded hands during trading, an increase of 85% from the average session volume of 67,714 shares. The stock had previously closed at C$0.25.
Vanadiumcorp Resource Price Performance
The firm has a fifty day moving average of C$0.20 and a two-hundred day moving average of C$0.16. 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 has a market capitalization of C$3.14 million, a PE ratio of -5.50 and a beta of -0.31.
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.
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