Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report) shares dropped 14.9% during mid-day trading on Monday . The company traded as low as C$0.20 and last traded at C$0.20. Approximately 129,305 shares were traded during trading, an increase of 87% from the average daily volume of 69,285 shares. The stock had previously closed at C$0.24.
Vanadiumcorp Resource Stock Down 14.9%
The firm has a market capitalization of C$2.85 million, a price-to-earnings ratio of -5.00 and a beta of -0.26. The business has a 50 day moving average of C$0.23 and a 200 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.
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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