Shares of Vanadiumcorp Resource Inc (CVE:VRB – Get Free Report) shot up 31.3% during mid-day trading on Saturday . The stock traded as high as C$0.32 and last traded at C$0.32. 173,113 shares changed hands during mid-day trading, an increase of 143% from the average session volume of 71,239 shares. The stock had previously closed at C$0.24.
Vanadiumcorp Resource Price Performance
The stock has a market cap of C$4.49 million, a price-to-earnings ratio of -7.88 and a beta of -0.12. The company has a 50-day moving average of C$0.16 and a 200-day moving average of C$0.14. The company has a debt-to-equity ratio of 9.31, a quick ratio of 0.06 and a current ratio of 0.10.
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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