Vanadiumcorp Resource (CVE:VRB) Trading Up 26.5% – Still a Buy?

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report) was up 26.5% during trading on Friday . The stock traded as high as C$0.22 and last traded at C$0.22. Approximately 107,250 shares traded hands during mid-day trading, an increase of 89% from the average daily volume of 56,873 shares. The stock had previously closed at C$0.17.

Vanadiumcorp Resource Trading Up 88.2%

The firm has a market cap of C$4.56 million, a P/E ratio of -8.00 and a beta of -0.12. The company has a 50 day moving average of C$0.14 and a 200 day moving average of C$0.13. The company has a debt-to-equity ratio of 9.31, a quick ratio of 0.06 and a current ratio of 0.10.

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.

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