Vanadiumcorp Resource (CVE:VRB) Stock Price Down 17.9% – Here’s What Happened

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report)’s share price fell 17.9% on Tuesday . The stock traded as low as C$0.11 and last traded at C$0.12. 207,179 shares traded hands during trading, an increase of 283% from the average session volume of 54,096 shares. The stock had previously closed at C$0.14.

Vanadiumcorp Resource Trading Down 17.9%

The firm has a market capitalization of C$1.64 million, a price-to-earnings ratio of -2.88 and a beta of 0.26. The company has a fifty day moving average price of C$0.14 and a two-hundred day moving average price of C$0.13. The company has a current ratio of 0.10, a quick ratio of 0.06 and a debt-to-equity ratio of 9.31.

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.

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