Vanadiumcorp Resource (CVE:VRB) Sets New 12-Month Low – Should You Sell?
by Danessa Lincoln · The Markets DailyVanadiumcorp Resource Inc (CVE:VRB – Get Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.11 and last traded at C$0.11, with a volume of 95041 shares traded. The stock had previously closed at C$0.11.
Vanadiumcorp Resource Stock Performance
The company has a debt-to-equity ratio of 5.42, a quick ratio of 0.06 and a current ratio of 0.31. The firm has a market cap of C$2.16 million, a PE ratio of -1.57 and a beta of -0.21. The stock has a 50-day simple moving average of C$0.13 and a two-hundred day simple moving average of C$0.18.
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. VanadiumCorp also holds a strategic vanadium-titanium-iron bearing resource base in mining friendly Quebec, Canada.