Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report) fell 17.5% on Tuesday . The company traded as low as C$0.15 and last traded at C$0.17. 419,415 shares were traded during mid-day trading, an increase of 143% from the average session volume of 172,695 shares. The stock had previously closed at C$0.20.
Vanadiumcorp Resource Price Performance
The company’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 market capitalization of C$2.42 million, a P/E ratio of -4.25 and a beta of 0.34. 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
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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