Shares of Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report) shot up 12.5% during mid-day trading on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. 140,000 shares traded hands during trading, an increase of 15% from the average session volume of 121,225 shares. The stock had previously closed at C$0.04.
Vanadiumcorp Resource Price Performance
The company’s 50-day simple moving average is C$0.04 and its 200-day simple moving average is C$0.05. The stock has a market capitalization of C$3.74 million, a price-to-earnings ratio of -2.00 and a beta of 0.63. The company has a debt-to-equity ratio of 9.54, a current ratio of 0.47 and a quick ratio of 0.06.
Vanadiumcorp Resource Company Profile
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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