Vulcan Minerals (CVE:VUL) Shares Down 3.8% – Here’s What Happened

Vulcan Minerals Inc. (CVE:VUL) was down 3.8% during mid-day trading on Monday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 39,000 shares traded hands during mid-day trading, a decline of 35% from the average daily volume of 59,615 shares. The stock had previously closed at C$0.13.

Vulcan Minerals Trading Down 3.8 %

The firm’s 50-day moving average price is C$0.13 and its 200-day moving average price is C$0.13. The company has a quick ratio of 173.87, a current ratio of 93.72 and a debt-to-equity ratio of 0.07. The company has a market cap of C$16.16 million, a P/E ratio of -6.25 and a beta of 2.37.

Vulcan Minerals (CVE:VUL) last posted its quarterly earnings results on Friday, August 23rd. The company reported C($0.01) earnings per share (EPS) for the quarter.

Vulcan Minerals Company Profile

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.