Vanadiumcorp Resource (CVE:VRB) Trading Down 4.3% – Here’s What Happened

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report)’s stock price was down 4.3% during trading on Friday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 8,000 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 21,719 shares. The stock had previously closed at C$0.12.

Vanadiumcorp Resource Stock Performance

The firm’s 50-day simple moving average is C$0.12 and its two-hundred day simple moving average is C$0.12. The stock has a market capitalization of C$1.12 million, a PE ratio of -6.39 and a beta of 0.52. The company has a current ratio of 0.10, a quick ratio of 0.06 and a debt-to-equity ratio of 9.31.

Vanadiumcorp Resource Company Profile

(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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