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

Vulcan Minerals Inc. (CVE:VULGet Free Report) shares fell 15% during mid-day trading on Tuesday . The company traded as low as C$0.08 and last traded at C$0.09. 355,720 shares traded hands during 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 Down 15.0 %

The company has a market cap of C$10.99 million, a price-to-earnings ratio of -4.27 and a beta of 2.37. The stock has a 50 day simple moving average of C$0.13 and a 200 day simple moving average of C$0.13.

Vulcan Minerals Company Profile

(Get Free Report)

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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