Vanadiumcorp Resource (VRB) Shares Down 11.1%

Vanadiumcorp Resource Inc (CVE:VRB) fell 11.1% on Tuesday . The stock traded as low as C$0.08 and last traded at C$0.08. 109,024 shares traded hands during mid-day trading, a decline of 38% from the average session volume of 176,831 shares. The stock had previously closed at C$0.09.

The company has a current ratio of 0.36, a quick ratio of 0.19 and a debt-to-equity ratio of 6.84. The company has a market cap of $19.47 million and a price-to-earnings ratio of -8.50.

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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