Vanadiumcorp Resource (CVE:VRB) Stock Price Down 17.5% – Should You Sell?

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report)’s stock price was down 17.5% during trading on Tuesday . The stock traded as low as C$0.15 and last traded at C$0.17. Approximately 419,415 shares changed hands during trading, an increase of 143% from the average daily volume of 172,695 shares. The stock had previously closed at C$0.20.

Vanadiumcorp Resource Stock Performance

The firm has a market capitalization of C$2.42 million, a price-to-earnings ratio of -4.25 and a beta of 0.34. The company has a 50-day moving average price of C$0.23 and a 200-day moving average price of C$0.18. The company has a quick ratio of 0.06, a current ratio of 0.10 and a debt-to-equity ratio of 9.31.

Vanadiumcorp Resource Company Profile

(Get Free Report)

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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