Shares of Vulcan Minerals Inc. (CVE:VUL – Get Free Report) dropped 15% on Tuesday . The company traded as low as C$0.08 and last traded at C$0.09. Approximately 355,720 shares traded 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 Price 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 50 day moving average price is C$0.13 and its two-hundred day moving average price is 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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