Vanadiumcorp Resource (CVE:VRB) Trading Down 16.7% – Time to Sell?

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report)’s share price was down 16.7% on Tuesday . The stock traded as low as C$0.20 and last traded at C$0.20. Approximately 248,631 shares traded hands during mid-day trading, an increase of 260% from the average daily volume of 69,053 shares. The stock had previously closed at C$0.24.

Vanadiumcorp Resource Stock Up 17.5%

The firm has a market capitalization of C$3.35 million, a price-to-earnings ratio of -5.88 and a beta of -0.26. The company has a current ratio of 0.10, a quick ratio of 0.06 and a debt-to-equity ratio of 9.31. The stock has a fifty day moving average of C$0.24 and a 200-day moving average of C$0.18.

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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