Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report) shares dropped 11.1% during trading on Friday . The stock traded as low as C$0.12 and last traded at C$0.12. Approximately 40,000 shares traded hands during mid-day trading, an increase of 138% from the average daily volume of 16,795 shares. The stock had previously closed at C$0.14.
Vanadiumcorp Resource Stock Down 11.1 %
The firm has a market capitalization of C$1.22 million, a P/E ratio of -6.97 and a beta of 0.52. The firm’s 50-day moving average is C$0.14 and its 200 day moving average is C$0.10. 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.
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