Vulcan Minerals (CVE:VUL) Trading Down 4.2% – Time to Sell?

Vulcan Minerals Inc. (CVE:VUL)’s share price dropped 4.2% during trading on Friday . The company traded as low as C$0.12 and last traded at C$0.12. Approximately 100,502 shares were traded during mid-day trading, an increase of 63% from the average daily volume of 61,716 shares. The stock had previously closed at C$0.12.

Vulcan Minerals Stock Down 4.2 %

The company has a current ratio of 93.72, a quick ratio of 173.87 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of C$14.87 million, a price-to-earnings ratio of -5.75 and a beta of 2.37. The firm has a 50 day moving average price of C$0.12 and a two-hundred day moving average price of C$0.13.

About Vulcan Minerals

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 was incorporated in 1995 and is headquartered in Saint John’s, Canada.