Vanadiumcorp Resource (CVE:VRB) Trading Down 23.5% – Time to Sell?

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report) shares fell 23.5% during trading on Thursday . The stock traded as low as C$0.25 and last traded at C$0.26. 369,417 shares were traded during trading, an increase of 443% from the average session volume of 68,035 shares. The stock had previously closed at C$0.34.

Vanadiumcorp Resource Stock Performance

The company has a market cap of C$4.49 million, a price-to-earnings 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. The firm has a 50-day simple moving average of C$0.16 and a 200 day simple moving average of C$0.14.

About Vanadiumcorp Resource

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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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