Vulcan Minerals (CVE:VUL) Shares Up 27.5% – Still a Buy?

Shares of Vulcan Minerals Inc. (CVE:VUL) shot up 27.5% during trading on Thursday . The stock traded as high as C$0.26 and last traded at C$0.26. 220,144 shares traded hands during mid-day trading, an increase of 186% from the average session volume of 76,936 shares. The stock had previously closed at C$0.20.

Vulcan Minerals Stock Up 27.5%

The company’s 50 day moving average is C$0.23 and its 200 day moving average is C$0.21. The firm has a market capitalization of C$32.97 million, a price-to-earnings ratio of 127.50 and a beta of 2.06.

Vulcan Minerals Company Profile

Vulcan Minerals Inc, a precious and base metals exploration company, engages in the acquisition, evaluation, and exploration of mineral properties in Newfoundland and Labrador. It primarily explores for copper, gold, nickel, cobalt, salt, and gypsum deposits. The company was incorporated in 1995 and is headquartered in Saint John’s, Canada.