Vanadiumcorp Resource (CVE:VRB) Stock Price Up 8.3% – Here’s What Happened

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report)’s share price rose 8.3% on Wednesday . The stock traded as high as C$0.13 and last traded at C$0.13. Approximately 382,001 shares were traded during trading, an increase of 126% from the average daily volume of 169,249 shares. The stock had previously closed at C$0.12.

Vanadiumcorp Resource Price Performance

The company has a 50-day moving average of C$0.18 and a two-hundred day moving average of C$0.18. The company has a debt-to-equity ratio of 9.31, a current ratio of 0.10 and a quick ratio of 0.06. The stock has a market capitalization of C$1.92 million, a PE ratio of -3.38 and a beta of -0.24.

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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