Vanadiumcorp Resource (CVE:VRB) Reaches New 52-Week Low – What’s Next?

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.12 and last traded at C$0.13, with a volume of 521591 shares traded. The stock had previously closed at C$0.14.

Vanadiumcorp Resource Trading Down 7.4%

The company has a market cap of C$1.78 million, a P/E ratio of -3.13 and a beta of -0.24. The firm has a 50-day moving average of C$0.19 and a 200 day moving average of C$0.18. 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. VanadiumCorp also holds a strategic vanadium-titanium-iron bearing resource base in mining friendly Quebec, Canada.

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