Vulcan Minerals (CVE:VUL) Stock Price Down 15% – Here’s Why

Shares of Vulcan Minerals Inc. (CVE:VUL) traded down 15% on Tuesday . The stock traded as low as C$0.08 and last traded at C$0.09. 355,720 shares changed hands during mid-day trading, an increase of 508% from the average session volume of 58,553 shares. The stock had previously closed at C$0.10.

Vulcan Minerals Stock Performance

The firm has a market capitalization of C$10.99 million, a price-to-earnings ratio of -4.27 and a beta of 2.37. The stock’s fifty day moving average is C$0.13 and its two-hundred day moving average is C$0.13.

Vulcan Minerals Company Profile

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.