Vanadiumcorp Resource (CVE:VRB) Sets New 12-Month Low – Here’s Why

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 414000 shares changing hands. The stock had previously closed at C$0.02.

Vanadiumcorp Resource Stock Performance

The stock has a market cap of C$1.25 million, a P/E 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. The firm’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.04.

About Vanadiumcorp Resource

(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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