Vanadiumcorp Resource (CVE:VRB) Reaches New 12-Month Low – Here’s What Happened

Vanadiumcorp Resource Inc (CVE:VRB) shares hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.11 and last traded at C$0.12, with a volume of 18021 shares traded. The stock had previously closed at C$0.11.

Vanadiumcorp Resource Price Performance

The company has a quick ratio of 0.06, a current ratio of 0.18 and a debt-to-equity ratio of 6.34. The stock has a market cap of C$1.64 million, a P/E ratio of -2.88 and a beta of -0.21. The firm has a 50 day moving average price of C$0.14 and a 200 day moving average price of C$0.18.

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.