Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report)’s share price fell 16.7% during mid-day trading on Tuesday . The stock traded as low as C$0.20 and last traded at C$0.20. 223,551 shares changed hands during mid-day trading, an increase of 224% from the average session volume of 68,924 shares. The stock had previously closed at C$0.24.
Vanadiumcorp Resource Stock Performance
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 firm’s 50-day moving average price is C$0.24 and its two-hundred day moving average price is C$0.18. The company has a debt-to-equity ratio of 9.31, a quick ratio of 0.06 and a current ratio of 0.10.
About Vanadiumcorp Resource
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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