Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report) shares were down 17.5% on Tuesday . The company traded as low as C$0.15 and last traded at C$0.17. Approximately 404,415 shares changed hands during mid-day trading, an increase of 141% from the average daily volume of 167,695 shares. The stock had previously closed at C$0.20.
Vanadiumcorp Resource Stock Performance
The company has a debt-to-equity ratio of 9.31, a quick ratio of 0.06 and a current ratio of 0.10. The company has a market cap of C$2.42 million, a PE ratio of -4.25 and a beta of 0.34. The company’s 50 day moving average price is C$0.23 and its 200-day moving average price is 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.
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