Velocity Minerals Ltd. (CVE:VLC – Get Free Report) shares reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 9000 shares. The stock had previously closed at C$0.09.
Velocity Minerals Stock Performance
The stock’s 50-day moving average is C$0.10 and its 200-day moving average is C$0.11. The stock has a market cap of C$18.63 million, a price-to-earnings ratio of -4.50 and a beta of 0.96. The company has a current ratio of 3.13, a quick ratio of 5.93 and a debt-to-equity ratio of 0.63.
Velocity Minerals Company Profile
Velocity Minerals Ltd., a gold exploration and development company, engages in the acquisition, exploration, and evaluation of mineral resource properties in Bulgaria. It explores for gold and copper deposits. The company holds 70% interest in the Tintyava property, which includes the Rozino gold project located in the municipalities of Ivaylovgrad and Krumovgrad in southeast Bulgaria; the Momchil property, which includes the Obichnik gold project located within the municipality of Momchilgrad in southeast, Bulgaria; and a 100% interest in the Iglika property covering an area of 105 square kilometers located in southeast Bulgaria.
Featured Stories
- Five stocks we like better than Velocity Minerals
- Why Invest in 5G? How to Invest in 5G Stocks
- 3 Value Stocks Too Small For Buffett’s Portfolio
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Foot Locker Builds Up Another Head of Steam; Gains Imminent
- What Are the FAANG Stocks and Are They Good Investments?
- Disney Stock Catches 3 Upgrades In a Single Week
Receive News & Ratings for Velocity Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Velocity Minerals and related companies with MarketBeat.com's FREE daily email newsletter.
