Vanadiumcorp Resource (CVE:VRB) Hits New 1-Year Low – Here’s What Happened

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 3000 shares changing hands. The stock had previously closed at C$0.10.

Vanadiumcorp Resource Price Performance

The firm has a fifty day simple moving average of C$0.10 and a 200-day simple moving average of C$0.14. The company has a market capitalization of C$2.13 million, a P/E ratio of -1.50 and a beta of -0.29. The company has a quick ratio of 0.06, a current ratio of 0.35 and a debt-to-equity ratio of 4.74.

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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