Vanadiumcorp Resource (CVE:VRB) Trading 31.3% Higher – Should You Buy?

Shares of Vanadiumcorp Resource Inc (CVE:VRBGet Free Report) traded up 31.3% during trading on Saturday . The stock traded as high as C$0.32 and last traded at C$0.32. 173,113 shares traded hands during trading, an increase of 143% from the average session volume of 71,239 shares. The stock had previously closed at C$0.24.

Vanadiumcorp Resource Stock Performance

The firm has a fifty day moving average of C$0.16 and a 200-day moving average of C$0.14. The firm has a market cap of C$4.49 million, a P/E ratio of -7.88 and a beta of -0.12. The company has a quick ratio of 0.06, a current ratio of 0.10 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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