Velocity Minerals Ltd. (CVE:VLC – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.25 and last traded at C$0.17, with a volume of 425000 shares. The stock had previously closed at C$0.16.
Velocity Minerals Price Performance
The business has a fifty day moving average of C$0.13 and a 200-day moving average of C$0.11. The company has a debt-to-equity ratio of 0.42, a quick ratio of 5.93 and a current ratio of 4.00. The firm has a market capitalization of C$32.39 million, a P/E ratio of -15.00 and a beta of 1.10.
Velocity Minerals Company Profile
Velocity Minerals Ltd., a gold exploration and development company, engages in the acquisition, exploration, and evaluation of mineral resource properties in Bulgaria. It explores for gold and copper deposits. The company holds 70% interest in the Tintyava property, which includes the Rozino gold project located in the municipalities of Ivaylovgrad and Krumovgrad in southeast Bulgaria; the Momchil property, which includes the Obichnik gold project located within the municipality of Momchilgrad in southeast, Bulgaria; and a 100% interest in the Iglika property covering an area of 105 square kilometers located in southeast Bulgaria.
Featured Articles
- Five stocks we like better than Velocity Minerals
- When to Sell a Stock for Profit or Loss
- S&P 500 Hitting Resistance: These 3 Stocks Offer the Best Upside
- Want to Profit on the Downtrend? Downtrends, Explained.
- Nike’s Post-Earnings Drop Presents a Buying Opportunity
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- Microsoft’s Targeted Upside Might Be Too Good to Ignore
Receive News & Ratings for Velocity Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Velocity Minerals and related companies with MarketBeat.com's FREE daily email newsletter.
