Shares of Vulcan Minerals Inc. (CVE:VUL – Get Free Report) dropped 15% on Tuesday . The stock traded as low as C$0.08 and last traded at C$0.09. Approximately 355,720 shares changed hands during mid-day trading, an increase of 508% from the average daily volume of 58,553 shares. The stock had previously closed at C$0.10.
Vulcan Minerals Stock Up 5.6 %
The firm has a market cap of C$12.28 million, a P/E ratio of -4.78 and a beta of 2.37. The business has a fifty day simple moving average of C$0.12 and a 200-day simple moving average of C$0.13.
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 was incorporated in 1995 and is headquartered in Saint John’s, Canada.
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