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

Shares of Vanadiumcorp Resource Inc (CVE:VRBGet Free Report) traded down 16.7% during trading on Tuesday . The company traded as low as C$0.20 and last traded at C$0.20. 248,631 shares were traded during trading, an increase of 261% from the average session volume of 68,950 shares. The stock had previously closed at C$0.24.

Vanadiumcorp Resource Price Performance

The stock has a fifty day simple moving average of C$0.24 and a 200-day simple moving average of C$0.18. The company has a market capitalization of C$2.85 million, a PE ratio of -5.00 and a beta of -0.26. The company has a current ratio of 0.10, a quick ratio of 0.06 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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