Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report) shares dropped 6.1% during mid-day trading on Friday . The stock traded as low as C$0.16 and last traded at C$0.16. Approximately 11,000 shares traded hands during trading, a decline of 18% from the average daily volume of 13,371 shares. The stock had previously closed at C$0.17.
Vanadiumcorp Resource Trading Down 6.1 %
The company’s fifty day moving average is C$0.07 and its two-hundred day moving average is C$0.05. The company has a debt-to-equity ratio of 9.31, a quick ratio of 0.06 and a current ratio of 0.10. The company has a market cap of C$12.89 million, a price-to-earnings ratio of -7.75 and a beta of 0.52.
Vanadiumcorp Resource Company Profile
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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