Vanadiumcorp Resource Inc (CVE:VRB) shares shot up 15.4% during mid-day trading on Monday . The stock traded as high as C$0.08 and last traded at C$0.08. 144,000 shares changed hands during trading, an increase of 0% from the average session volume of 143,326 shares. The stock had previously closed at C$0.07.

The firm has a fifty day simple moving average of C$0.07. The company has a market cap of $15.86 million and a P/E ratio of -5.83. The company has a quick ratio of 1.43, a current ratio of 1.91 and a debt-to-equity ratio of 6.84.

Vanadiumcorp Resource Company Profile (CVE:VRB)

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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