Shares of Vanadiumcorp Resource Inc (CVE:VRB) rose 18.2% on Tuesday . The stock traded as high as C$0.07 and last traded at C$0.07, approximately 256,215 shares were traded during mid-day trading. An increase of 188% from the average daily volume of 88,924 shares. The stock had previously closed at C$0.06.
The company has a market cap of $13.39 million and a price-to-earnings ratio of -13.75. The firm has a 50 day moving average price of C$0.05 and a two-hundred day moving average price of C$0.05. The company has a quick ratio of 0.73, a current ratio of 1.00 and a debt-to-equity ratio of 6.84.
About Vanadiumcorp Resource (CVE:VRB)
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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