Vanadiumcorp Resource (CVE:VRB) Stock Price Down 11.1% – What’s Next?

Vanadiumcorp Resource Inc (CVE:VRB)’s share price fell 11.1% on Thursday . The stock traded as low as C$0.12 and last traded at C$0.12. 115,724 shares traded hands during mid-day trading, a decline of 32% from the average session volume of 170,336 shares. The stock had previously closed at C$0.14.

Vanadiumcorp Resource Stock Performance

The stock has a market cap of C$1.78 million, a PE ratio of -3.13 and a beta of -0.24. The company has a quick ratio of 0.06, a current ratio of 0.10 and a debt-to-equity ratio of 9.31. The stock has a fifty day moving average of C$0.17 and a 200-day moving average of C$0.18.

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.