Vanadiumcorp Resource (CVE:VRB) Sets New 12-Month Low – Should You Sell?

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.09 and last traded at C$0.09, with a volume of 4053 shares traded. The stock had previously closed at C$0.09.

Vanadiumcorp Resource Stock Down 5.6%

The company has a current ratio of 0.35, a quick ratio of 0.06 and a debt-to-equity ratio of 4.74. The firm’s 50 day simple moving average is C$0.09 and its 200-day simple moving average is C$0.11. The stock has a market capitalization of C$2.01 million, a price-to-earnings ratio of -1.42 and a beta of -0.27.

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. VanadiumCorp also holds a strategic vanadium-titanium-iron bearing resource base in mining friendly Quebec, Canada.

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