Vanadiumcorp Resource (CVE:VRB) Shares Up 31.3% – What’s Next?

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report) shot up 31.3% on Saturday . The company traded as high as C$0.32 and last traded at C$0.32. 173,113 shares were traded during 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 50 day simple moving average of C$0.16 and a two-hundred day simple moving average of C$0.14. The company 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 debt-to-equity ratio of 9.31, a current ratio of 0.10 and a quick ratio of 0.06.

Vanadiumcorp Resource Company Profile

(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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