Vanadiumcorp Resource (CVE:VRB) Shares Down 16.7% – Here’s What Happened

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report) shares fell 16.7% on Tuesday . The company traded as low as C$0.20 and last traded at C$0.20. 223,551 shares traded hands during trading, an increase of 224% from the average session volume of 68,924 shares. The stock had previously closed at C$0.24.

Vanadiumcorp Resource Stock Performance

The company’s 50 day simple moving average is C$0.24 and its 200 day simple moving average is C$0.18. 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 stock has a market cap of C$3.35 million, a PE ratio of -5.88 and a beta of -0.26.

About Vanadiumcorp Resource

(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.

Further Reading

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