Vulcan Minerals Inc. (CVE:VUL – Get Free Report) shares dropped 15% during trading on Monday . The stock traded as low as C$0.08 and last traded at C$0.09. Approximately 355,720 shares were traded during mid-day 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 Trading Up 5.6 %
The stock’s 50 day moving average price is C$0.12 and its 200 day moving average price is C$0.13. The company has a market cap of C$12.28 million, a price-to-earnings ratio of -4.78 and a beta of 2.37.
About Vulcan Minerals
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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