Shares of Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report) were down 14.9% during trading on Monday . The company traded as low as C$0.20 and last traded at C$0.20. Approximately 129,305 shares changed hands during mid-day 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 Trading Up 5.3%
The company has a current ratio of 0.10, a quick ratio of 0.06 and a debt-to-equity ratio of 9.31. The company has a fifty day moving average price of C$0.23 and a two-hundred day moving average price of C$0.18. 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.
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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