Vanadiumcorp Resource (CVE:VRB) Trading Down 20% – Should You Sell?

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report) was down 20% on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 259,800 shares traded hands during trading, an increase of 134% from the average daily volume of 111,199 shares. The stock had previously closed at C$0.03.

Vanadiumcorp Resource Price Performance

The firm’s fifty day moving average is C$0.03 and its two-hundred day moving average is C$0.04. The firm has a market cap of C$1.25 million, a price-to-earnings ratio of -0.75 and a beta of 0.58. The company has a debt-to-equity ratio of 9.31, a current ratio of 0.10 and a quick ratio of 0.06.

Vanadiumcorp Resource Company Profile

(Get Free Report)

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

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