Vanadiumcorp Resource (CVE:VRB) Shares Down 5.9% – Time to Sell?

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report) shares were down 5.9% on Friday . The company traded as low as C$0.16 and last traded at C$0.16. Approximately 6,500 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 13,511 shares. The stock had previously closed at C$0.17.

Vanadiumcorp Resource Stock Down 5.9 %

The business has a fifty day moving average price of C$0.16 and a two-hundred day moving average price of C$0.08. The company has a current ratio of 0.10, a quick ratio of 0.06 and a debt-to-equity ratio of 9.31. The company has a market cap of C$13.31 million, a price-to-earnings ratio of -8.00 and a beta of 0.52.

Vanadiumcorp Resource Company Profile

(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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