Vanadiumcorp Resource (CVE:VRB) Trading Down 11.1% – Should You Sell?

Vanadiumcorp Resource Inc (CVE:VRB) was down 11.1% during mid-day trading on Thursday . The stock traded as low as C$0.12 and last traded at C$0.12. Approximately 115,724 shares were traded during trading, a decline of 32% from the average daily volume of 170,336 shares. The stock had previously closed at C$0.14.

Vanadiumcorp Resource Price Performance

The stock has a market capitalization of C$1.71 million, a P/E ratio of -3.00 and a beta of -0.24. The company has a 50 day moving average of C$0.17 and a 200-day moving average of C$0.18. The company has a quick ratio of 0.06, a current ratio of 0.10 and a debt-to-equity ratio of 9.31.

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.