Vanadiumcorp Resource (CVE:VRB) Reaches New 1-Year Low – What’s Next?

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report)’s stock price reached a new 52-week low on Tuesday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 2000 shares traded. The stock had previously closed at C$0.10.

Vanadiumcorp Resource Trading Down 5.3%

The company has a debt-to-equity ratio of 4.74, a quick ratio of 0.06 and a current ratio of 0.35. The firm has a market capitalization of C$2.13 million, a price-to-earnings ratio of -1.50 and a beta of -0.29. The business has a fifty day moving average price of C$0.10 and a 200 day moving average price of C$0.13.

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. VanadiumCorp also holds a strategic vanadium-titanium-iron bearing resource base in mining friendly Quebec, Canada.

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