Vanadiumcorp Resource (CVE:VRB) Trading Up 33.3% – Still a Buy?

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report)’s share price was up 33.3% during mid-day trading on Friday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 101,000 shares changed hands during mid-day trading, a decline of 10% from the average daily volume of 112,043 shares. The stock had previously closed at C$0.02.

Vanadiumcorp Resource Stock 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 firm’s 50 day simple moving average is C$0.02 and its 200-day simple moving average is C$0.03. The company has a market capitalization of C$1.25 million, a PE ratio of -0.75 and a beta of 0.52.

About Vanadiumcorp Resource

(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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