Vanadiumcorp Resource (CVE:VRB) Stock Price Down 4.7% – Time to Sell?

by · The Cerbat Gem

Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report) shares were down 4.7% on Monday . The company traded as low as C$0.20 and last traded at C$0.21. Approximately 17,385 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 66,664 shares. The stock had previously closed at C$0.22.

Vanadiumcorp Resource Stock Performance

The firm has a market cap of C$2.92 million, a P/E ratio of -5.13 and a beta of -0.26. The company has a current ratio of 0.10, a quick ratio of 0.06 and a debt-to-equity ratio of 9.31. The company’s 50-day moving average is C$0.23 and its two-hundred day moving average is C$0.17.

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.

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