Vanadiumcorp Resource (CVE:VRB) Trading Down 19.1% – Time to Sell?

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report) dropped 19.1% on Monday . The stock traded as low as C$0.19 and last traded at C$0.19. Approximately 143,107 shares were traded during mid-day trading, an increase of 106% from the average daily volume of 69,469 shares. The stock had previously closed at C$0.24.

Vanadiumcorp Resource Trading Down 10.0%

The business’s 50 day simple moving average is C$0.23 and its 200-day simple moving average is C$0.18. 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 stock has a market capitalization of C$2.57 million, a P/E ratio of -4.50 and a beta of -0.26.

Vanadiumcorp Resource Company Profile

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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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