Vanadiumcorp Resource (VRB) Trading 6.3% Higher

Shares of Vanadiumcorp Resource Inc (CVE:VRB) traded up 6.3% during mid-day trading on Wednesday . The company traded as high as C$0.09 and last traded at C$0.09. 104,250 shares were traded during mid-day trading, a decline of 41% from the average session volume of 176,648 shares. The stock had previously closed at C$0.08.

The firm has a market cap of $19.47 million and a PE ratio of -8.00. The company has a quick ratio of 0.19, a current ratio of 0.36 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.

Further Reading: Are sell-side analysts objective?

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