Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report) dropped 4.2% during mid-day trading on Friday . The stock traded as low as C$0.12 and last traded at C$0.12. Approximately 622 shares traded hands during trading, a decline of 97% from the average daily volume of 18,367 shares. The stock had previously closed at C$0.12.
Vanadiumcorp Resource Stock Performance
The company’s fifty day simple moving average is C$0.13 and its 200 day simple moving average is C$0.11. The company has a quick ratio of 0.06, a current ratio of 0.10 and a debt-to-equity ratio of 9.31. The stock has a market capitalization of C$1.17 million, a price-to-earnings ratio of -6.68 and a beta of 0.52.
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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