Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report) shares shot up 88.2% during mid-day trading on Saturday . The stock traded as high as C$0.35 and last traded at C$0.32. 580,337 shares were traded during trading, an increase of 857% from the average session volume of 60,641 shares. The stock had previously closed at C$0.17.
Vanadiumcorp Resource Stock Performance
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 firm has a 50 day moving average price of C$0.14 and a 200-day moving average price of C$0.13. The company has a market cap of C$4.56 million, a P/E ratio of -8.00 and a beta of -0.12.
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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