Vulcan Minerals Inc. (CVE:VUL – Get Free Report)’s stock price dropped 8.6% on Tuesday . The stock traded as low as C$0.16 and last traded at C$0.16. Approximately 54,030 shares traded hands during trading, a decline of 31% from the average daily volume of 78,264 shares. The stock had previously closed at C$0.18.
Vulcan Minerals Price Performance
The company has a debt-to-equity ratio of 0.07, a quick ratio of 173.87 and a current ratio of 67.22. The firm has a market cap of C$20.61 million, a price-to-earnings ratio of -6.50 and a beta of 2.46. The company’s fifty day moving average is C$0.15 and its two-hundred day moving average is C$0.14.
About Vulcan Minerals
Vulcan Minerals Inc, a precious and base metals exploration company, engages in the acquisition, evaluation, and exploration of mineral properties in Newfoundland and Labrador. It primarily explores for copper, gold, nickel, cobalt, salt, and gypsum deposits. The company owns interests in the Colchester/Springdale project located in north-central Newfoundland; and Red Cross Lake nickel/copper/cobalt/gold project in central Newfoundland, as well as mineral licenses covering a portion of the Bay St.
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