Vanadiumcorp Resource (CVE:VRB) Hits New 52-Week Low – Here’s Why

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.09 and last traded at C$0.09, with a volume of 2000 shares. The stock had previously closed at C$0.10.

Vanadiumcorp Resource Price Performance

The company has a market capitalization of C$2.01 million, a price-to-earnings ratio of -1.42 and a beta of -0.29. The stock has a fifty day simple moving average of C$0.10 and a 200-day simple moving average of C$0.13. The company has a debt-to-equity ratio of 4.74, a current ratio of 0.35 and a quick ratio of 0.06.

About Vanadiumcorp Resource

(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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