Vulcan Minerals (CVE:VUL) Shares Down 10% – Here’s What Happened

Shares of Vulcan Minerals Inc. (CVE:VUL) were down 10% during mid-day trading on Monday . The company traded as low as C$0.09 and last traded at C$0.09. Approximately 99,720 shares changed hands during trading, an increase of 88% from the average daily volume of 53,132 shares. The stock had previously closed at C$0.10.

Vulcan Minerals Stock Performance

The firm has a market cap of C$10.99 million, a P/E ratio of -4.27 and a beta of 2.37. The company’s 50 day moving average is C$0.13 and its 200 day moving average is C$0.13.

Vulcan Minerals Company Profile

Vulcan Minerals Inc, a precious and base metals exploration company, engages in the acquisition, evaluation, and exploration of mineral properties in Newfoundland and Labrador. It primarily explores for copper, gold, nickel, cobalt, salt, and gypsum deposits. The company was incorporated in 1995 and is headquartered in Saint John’s, Canada.