Vanadiumcorp Resource (CVE:VRB) Reaches New 1-Year Low – Here’s Why

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report) hit a new 52-week low during trading on Wednesday . The stock traded as low as C$0.14 and last traded at C$0.14, with a volume of 2000 shares. The stock had previously closed at C$0.14.

Vanadiumcorp Resource Stock Performance

The stock has a market cap of C$11.65 million, a price-to-earnings ratio of -7.00 and a beta of 0.52. The firm’s 50-day moving average is C$0.17 and its two-hundred day moving average is C$0.09. The company has a current ratio of 0.10, a quick ratio of 0.06 and a debt-to-equity ratio of 9.31.

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.

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