Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report)’s share price shot up 18.2% during mid-day trading on Friday . The company traded as high as C$0.20 and last traded at C$0.20. 3,041 shares changed hands during trading, a decline of 77% from the average session volume of 13,415 shares. The stock had previously closed at C$0.17.
Vanadiumcorp Resource Stock Up 18.2 %
The stock has a market capitalization of C$16.22 million, a P/E ratio of -9.75 and a beta of 0.52. 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 firm’s fifty day moving average is C$0.12 and its 200-day moving average is C$0.06.
About Vanadiumcorp Resource
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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