Vanadiumcorp Resource (CVE:VRB) Stock Price Down 16.7% – What’s Next?

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report)’s stock price fell 16.7% during mid-day trading on Tuesday . The company traded as low as C$0.20 and last traded at C$0.20. 248,631 shares changed hands during trading, an increase of 260% from the average session volume of 69,053 shares. The stock had previously closed at C$0.24.

Vanadiumcorp Resource Trading Up 17.5%

The stock has a market capitalization of C$3.35 million, a PE ratio of -5.88 and a beta of -0.26. The stock’s 50 day moving average price is C$0.24 and its 200-day moving average price is C$0.18. The company has a quick ratio of 0.06, a current ratio of 0.10 and a debt-to-equity ratio of 9.31.

Vanadiumcorp Resource Company Profile

(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.

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