Vanadiumcorp Resource (CVE:VRB) Hits New 1-Year Low – Here’s Why

Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report)’s stock price hit a new 52-week low during trading on Monday. The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 50,021 shares traded. The stock had previously closed at C$0.06.

Vanadiumcorp Resource Stock Performance

The company has a debt-to-equity ratio of 4.14, a quick ratio of 0.06 and a current ratio of 0.34. The company has a market cap of C$1.45 million, a PE ratio of -1.38 and a beta of -0.27. The business’s 50-day moving average is C$0.07 and its 200 day moving average is C$0.09.

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.

Further Reading

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