Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Monday. The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 233,588 shares trading hands. The stock had previously closed at C$0.06.
Vanadiumcorp Resource Price Performance
The company has a quick ratio of 0.06, a current ratio of 0.34 and a debt-to-equity ratio of 4.14. The company’s 50 day moving average is C$0.07 and its 200 day moving average is C$0.10. The firm has a market capitalization of C$1.32 million, a price-to-earnings ratio of -1.25 and a beta of -0.41.
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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