Shares of Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report) traded down 6.1% on Friday . The company traded as low as C$0.16 and last traded at C$0.16. 11,000 shares changed hands during trading, a decline of 18% from the average session volume of 13,371 shares. The stock had previously closed at C$0.17.
Vanadiumcorp Resource Price Performance
The stock’s 50-day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.05. The company has a debt-to-equity ratio of 9.31, a current ratio of 0.10 and a quick ratio of 0.06. The firm has a market cap of C$12.89 million, a P/E ratio of -7.75 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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