Vanadiumcorp Resource (CVE:VRB) Hits New 1-Year Low – Here’s What Happened

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report)’s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as C$0.14 and last traded at C$0.14, with a volume of 2000 shares changing hands. The stock had previously closed at C$0.14.

Vanadiumcorp Resource Stock Performance

The firm has a market cap of C$10.81 million, a PE ratio of -6.50 and a beta of 0.52. The business has a 50 day simple moving average of C$0.16 and a two-hundred day simple moving average of C$0.09. 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

(Get Free Report)

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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