Vanadiumcorp Resource (CVE:VRB) Stock Price Down 19.1% – Here’s What Happened
by Teresa Graham · The Cerbat GemVanadiumcorp Resource Inc (CVE:VRB – Get Free Report) shares traded down 19.1% on Monday . The stock traded as low as C$0.19 and last traded at C$0.19. 143,107 shares changed hands during mid-day trading, an increase of 106% from the average session volume of 69,469 shares. The stock had previously closed at C$0.24.
Vanadiumcorp Resource Stock Performance
The stock has a 50-day simple moving average of C$0.23 and a 200-day simple moving average of C$0.18. 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 stock has a market cap of C$2.99 million, a PE ratio of -5.25 and a beta of -0.26.
Vanadiumcorp Resource Company Profile
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.