Vanadiumcorp Resource (CVE:VRB) Hits New 12-Month Low – Here’s Why

Shares of Vanadiumcorp Resource Inc (CVE:VRBGet Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.08 and last traded at C$0.08, with a volume of 25000 shares. The stock had previously closed at C$0.09.

Vanadiumcorp Resource Price Performance

The company has a current ratio of 0.34, a quick ratio of 0.06 and a debt-to-equity ratio of 4.14. The business’s fifty day moving average is C$0.09 and its 200 day moving average is C$0.10. The company has a market cap of C$2.11 million, a P/E ratio of -2.00 and a beta of -0.27.

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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