Vanadiumcorp Resource (CVE:VRB) Trading Down 7.7%

Vanadiumcorp Resource Inc (CVE:VRB – Get Rating) shares traded down 7.7% during mid-day trading on Friday . The stock traded as low as C$0.12 and last traded at C$0.12. 25,000 shares were traded during trading, a decline of 68% from the average session volume of 78,742 shares. The stock had previously closed at C$0.13.

Vanadiumcorp Resource Price Performance

The firm has a 50 day moving average of C$0.11 and a 200-day moving average of C$0.10. The company has a market cap of C$7.43 million and a P/E ratio of -2.61. The company has a current ratio of 0.09, a quick ratio of 0.06 and a debt-to-equity ratio of 8.68.

Vanadiumcorp Resource Company Profile

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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