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

Vanadiumcorp Resource Inc (CVE:VRB) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.09 and last traded at C$0.10, with a volume of 135100 shares changing hands. The stock had previously closed at C$0.10.

Vanadiumcorp Resource Stock Performance

The company has a market capitalization of C$1.87 million, a P/E ratio of -1.36 and a beta of -0.29. The company has a 50-day simple moving average of C$0.11 and a 200 day simple moving average of C$0.17. The company has a debt-to-equity ratio of 5.42, a quick ratio of 0.06 and a current ratio of 0.31.

Vanadiumcorp Resource Company Profile

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.