Vanadiumcorp Resource (CVE:VRB) Hits New 12-Month Low – What’s Next?

Shares of Vanadiumcorp Resource Inc (CVE:VRB) hit a new 52-week low on Friday . The stock traded as low as C$0.12 and last traded at C$0.12, with a volume of 7050 shares trading hands. The stock had previously closed at C$0.13.

Vanadiumcorp Resource Trading Up 8.3 %

The firm’s fifty day moving average is C$0.16 and its 200-day moving average is C$0.09. The firm has a market cap of C$10.81 million, a price-to-earnings ratio of -6.50 and a beta of 0.52. The company has a debt-to-equity ratio of 9.31, a current ratio of 0.10 and a quick ratio of 0.06.

About Vanadiumcorp Resource

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.