Vanadiumcorp Resource (CVE:VRB) Shares Up 31.3% – Still a Buy?

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report)’s stock price rose 31.3% during trading on Saturday . The company traded as high as C$0.32 and last traded at C$0.32. Approximately 173,113 shares were traded during mid-day trading, an increase of 143% from the average daily volume of 71,239 shares. The stock had previously closed at C$0.24.

Vanadiumcorp Resource Stock Up 31.3%

The company has a debt-to-equity ratio of 9.31, a current ratio of 0.10 and a quick ratio of 0.06. The firm has a market capitalization of C$4.49 million, a P/E ratio of -7.88 and a beta of -0.12. The company’s 50-day simple moving average is C$0.16 and its two-hundred day simple moving average is C$0.14.

About Vanadiumcorp Resource

(Get Free Report)

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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