Vanadiumcorp Resource (CVE:VRB) Sets New 12-Month Low – Time to Sell?

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.09 and last traded at C$0.10, with a volume of 1000 shares traded. The stock had previously closed at C$0.09.

Vanadiumcorp Resource Trading Up 5.6%

The stock has a 50 day moving average of C$0.10 and a 200 day moving average of C$0.13. The company has a debt-to-equity ratio of 4.74, a current ratio of 0.35 and a quick ratio of 0.06. The firm has a market cap of C$2.24 million, a P/E ratio of -1.58 and a beta of -0.29.

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. VanadiumCorp also holds a strategic vanadium-titanium-iron bearing resource base in mining friendly Quebec, Canada.

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