Velocity Minerals Ltd. (CVE:VLC)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.31 and last traded at C$0.31, with a volume of 17000 shares traded. The stock had previously closed at C$0.29.

The stock has a market capitalization of $27.24 million and a PE ratio of -36.25.

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About Velocity Minerals (CVE:VLC)

Velocity Minerals Ltd. engages in the acquisition, exploration, and evaluation of gold properties internationally. The company has an option to acquire interests in the Rozino and Ekuzya projects, as well as regional exploration in the 163 square kilometers Tintyava property located in Bulgaria. Velocity Minerals Ltd.

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