Vanadiumcorp Resource (CVE:VRB) Sets New 1-Year Low – Here’s What Happened

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report) hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 6000 shares changing hands. The stock had previously closed at C$0.10.

Vanadiumcorp Resource Trading Down 5.3%

The firm has a market capitalization of C$2.13 million, a PE ratio of -1.50 and a beta of -0.29. The firm’s fifty day moving average is C$0.10 and its two-hundred day moving average is C$0.14. The company has a debt-to-equity ratio of 4.74, a current ratio of 0.35 and a quick ratio of 0.06.

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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