Vanadiumcorp Resource (CVE:VRB) Sets New 1-Year Low – What’s Next?

Vanadiumcorp Resource Inc (CVE:VRB)’s share price reached a new 52-week low on Tuesday . The company traded as low as C$0.11 and last traded at C$0.11, with a volume of 84000 shares traded. The stock had previously closed at C$0.11.

Vanadiumcorp Resource Stock Down 4.5%

The business has a 50-day moving average price of C$0.12 and a two-hundred day moving average price of C$0.18. The company has a quick ratio of 0.06, a current ratio of 0.31 and a debt-to-equity ratio of 5.42. The firm has a market cap of C$2.06 million, a PE ratio of -1.50 and a beta of -0.19.

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.