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

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report)’s stock price shot up 31.3% during trading on Saturday . The company traded as high as C$0.32 and last traded at C$0.32. 173,113 shares traded hands 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 Trading Up 31.3%

The company has a debt-to-equity ratio of 9.31, a quick ratio of 0.06 and a current ratio of 0.10. The business has a fifty day simple moving average of C$0.16 and a 200 day simple moving average of C$0.14. The company has a market cap of C$4.49 million, a P/E ratio of -7.88 and a beta of -0.12.

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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