Vanadiumcorp Resource (CVE:VRB) Stock Price Up 82.4% – Here’s Why

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report)’s share price rose 82.4% during trading on Friday . The stock traded as high as C$0.35 and last traded at C$0.31. Approximately 485,996 shares traded hands during trading, an increase of 714% from the average daily volume of 59,725 shares. The stock had previously closed at C$0.17.

Vanadiumcorp Resource Stock Up 88.2%

The firm has a 50-day moving average of C$0.14 and a 200 day moving average of C$0.13. The stock has a market capitalization of C$4.56 million, a price-to-earnings ratio of -8.00 and a beta of -0.12. 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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