Vanadiumcorp Resource (CVE:VRB) Trading Up 88.2% – Should You Buy?

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report) shares were up 88.2% during mid-day trading on Friday . The company traded as high as C$0.35 and last traded at C$0.32. Approximately 580,337 shares changed hands during mid-day trading, an increase of 857% from the average daily volume of 60,641 shares. The stock had previously closed at C$0.17.

Vanadiumcorp Resource Stock Performance

The firm has a market capitalization of C$4.56 million, a P/E ratio of -8.00 and a beta of -0.12. The stock has a 50-day moving average of C$0.14 and a 200 day moving average of C$0.13. The company has a debt-to-equity ratio of 9.31, a quick ratio of 0.06 and a current ratio of 0.10.

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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