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

by · The Markets Daily

Shares of Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report) reached a new 52-week low during mid-day trading on Monday. The company traded as low as C$0.07 and last traded at C$0.07, with a volume of 6020 shares traded. The stock had previously closed at C$0.07.

Vanadiumcorp Resource Price Performance

The firm has a market capitalization of C$1.85 million, a P/E ratio of -1.75 and a beta of -0.43. The business has a 50-day moving average of C$0.08 and a 200 day moving average of C$0.10. The company has a current ratio of 0.34, a quick ratio of 0.06 and a debt-to-equity ratio of 4.14.

About Vanadiumcorp Resource

(Get Free Report)

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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