Vulcan Minerals (CVE:VUL) Trading Down 15% – What’s Next?

Vulcan Minerals Inc. (CVE:VULGet Free Report)’s share price dropped 15% on Monday . The company traded as low as C$0.08 and last traded at C$0.09. Approximately 355,720 shares changed hands during trading, an increase of 508% from the average daily volume of 58,553 shares. The stock had previously closed at C$0.10.

Vulcan Minerals Stock Performance

The stock has a market cap of C$10.99 million, a price-to-earnings ratio of -4.27 and a beta of 2.37. The stock’s 50-day simple moving average is C$0.13 and its two-hundred day simple moving average is C$0.13.

About Vulcan Minerals

(Get Free Report)

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.

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