Vanadiumcorp Resource (CVE:VRB) Stock Price Up 88.2% – Here’s What Happened

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report) rose 88.2% on Saturday . The company traded as high as C$0.35 and last traded at C$0.32. Approximately 580,337 shares traded hands during trading, an increase of 857% from the average daily volume of 60,641 shares. The stock had previously closed at C$0.17.

Vanadiumcorp Resource Price Performance

The business’s 50 day moving average is C$0.14 and its two-hundred day moving average is C$0.13. The firm has a market cap of C$4.56 million, a P/E ratio of -8.00 and a beta of -0.12. The company has a quick ratio of 0.06, a current ratio of 0.10 and a debt-to-equity ratio of 9.31.

About Vanadiumcorp Resource

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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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