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

Vulcan Minerals Inc. (CVE:VULGet Free Report) fell 15% on Tuesday . The company traded as low as C$0.08 and last traded at C$0.09. 355,720 shares traded hands during mid-day 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 Trading Up 5.6 %

The company’s 50-day moving average price is C$0.12 and its two-hundred day moving average price is C$0.13. The company has a market cap of C$12.28 million, a P/E ratio of -4.78 and a beta of 2.37.

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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