Vanadiumcorp Resource (CVE:VRB) Shares Down 11.1%

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report)’s stock price dropped 11.1% during trading on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 153,010 shares traded hands during mid-day trading, an increase of 25% from the average daily volume of 122,061 shares. The stock had previously closed at C$0.05.

Vanadiumcorp Resource Price Performance

The business has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.06. The company has a debt-to-equity ratio of 9.54, a current ratio of 0.47 and a quick ratio of 0.06. The stock has a market cap of C$3.33 million, a PE ratio of -2.00 and a beta of 0.63.

Vanadiumcorp Resource (CVE:VRBGet Free Report) last released its earnings results on Wednesday, February 28th. The company reported C($0.01) EPS for the quarter.

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.

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