Vanadiumcorp Resource (CVE:VRB) Reaches New 1-Year Low – Here’s Why

Vanadiumcorp Resource Inc (CVE:VRB)’s share price reached a new 52-week low on Thursday . The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 78535 shares changing hands. The stock had previously closed at C$0.11.

Vanadiumcorp Resource Price Performance

The company has a current ratio of 0.31, a quick ratio of 0.06 and a debt-to-equity ratio of 5.42. The firm has a market capitalization of C$2.06 million, a PE ratio of -1.50 and a beta of -0.19. The company has a fifty day moving average price of C$0.12 and a two-hundred day moving average price of C$0.17.

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.