Vulcan Minerals (CVE:VUL) Shares Down 8.6%

Vulcan Minerals Inc. (CVE:VUL)’s share price traded down 8.6% during mid-day trading on Tuesday . The stock traded as low as C$0.16 and last traded at C$0.16. 54,030 shares changed hands during mid-day trading, a decline of 31% from the average session volume of 78,264 shares. The stock had previously closed at C$0.18.

Vulcan Minerals Price Performance

The stock has a market cap of C$20.61 million, a P/E ratio of -6.50 and a beta of 2.46. The company has a current ratio of 67.22, a quick ratio of 173.87 and a debt-to-equity ratio of 0.07. The company’s fifty day simple moving average is C$0.15 and its 200-day simple moving average is C$0.14.

Vulcan Minerals Company Profile

Vulcan Minerals Inc, a precious and base metals exploration company, engages in the acquisition, evaluation, and exploration of mineral properties in Newfoundland and Labrador. It primarily explores for copper, gold, nickel, cobalt, salt, and gypsum deposits. The company owns interests in the Colchester/Springdale project located in north-central Newfoundland; and Red Cross Lake nickel/copper/cobalt/gold project in central Newfoundland, as well as mineral licenses covering a portion of the Bay St.