Vanadiumcorp Resource (CVE:VRB) Stock Price Up 31.3% – Here’s What Happened

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report) rose 31.3% during mid-day 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 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 Price Performance

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 business’s 50-day moving average is C$0.16 and its two-hundred day moving average is C$0.14. The company has a market capitalization of C$4.49 million, a P/E ratio of -7.88 and a beta of -0.12.

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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