Vanadiumcorp Resource (CVE:VRB) Reaches New 52-Week Low – Here’s Why

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

Vanadiumcorp Resource Price Performance

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