Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report)’s share price fell 20% during mid-day trading on Tuesday . The company traded as low as C$0.15 and last traded at C$0.16. 306,475 shares changed hands during mid-day trading, an increase of 146% from the average session volume of 124,715 shares. The stock had previously closed at C$0.20.
Vanadiumcorp Resource Trading Down 17.5%
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 business’s 50-day moving average is C$0.23 and its two-hundred day moving average is C$0.18. The firm has a market cap of C$2.35 million, a P/E ratio of -4.13 and a beta of 0.34.
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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