Shares of Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report) rose 25% during mid-day trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 201,000 shares were traded during mid-day trading, an increase of 82% from the average daily volume of 110,304 shares. The stock had previously closed at C$0.02.
Vanadiumcorp Resource Price Performance
The company has a quick ratio of 0.06, a current ratio of 0.10 and a debt-to-equity ratio of 9.31. The company has a market cap of C$2.08 million, a price-to-earnings ratio of -1.25 and a beta of 0.58. The stock’s 50-day simple moving average is C$0.03 and its 200 day simple moving average is C$0.04.
About Vanadiumcorp Resource
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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