Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report) shot up 20% during mid-day trading on Monday . The company traded as high as C$0.15 and last traded at C$0.15. 119,000 shares were traded during trading, an increase of 423% from the average session volume of 22,744 shares. The stock had previously closed at C$0.13.
Vanadiumcorp Resource Trading Up 20.0 %
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 company’s 50-day moving average is C$0.12 and its 200 day moving average is C$0.13. The company has a market cap of C$1.52 million, a price-to-earnings ratio of -8.71 and a beta of 0.52.
Vanadiumcorp Resource Company Profile
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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