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

Vulcan Minerals Inc. (CVE:VULGet Free Report)’s share price was down 15% during mid-day trading on Tuesday . The stock traded as low as C$0.08 and last traded at C$0.09. Approximately 355,720 shares changed hands during trading, an increase of 508% from the average daily volume of 58,553 shares. The stock had previously closed at C$0.10.

Vulcan Minerals Price Performance

The firm’s 50-day moving average price is C$0.12 and its 200-day moving average price is C$0.13. The stock 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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