Vanadiumcorp Resource (CVE:VRB) Trading 31.3% Higher – Here’s What Happened

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report)’s share price traded up 31.3% during mid-day trading on Saturday . The company traded as high as C$0.32 and last traded at C$0.32. 173,113 shares were traded 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 Stock Up 31.3%

The company has a market cap of C$4.49 million, a PE ratio of -7.88 and a beta of -0.12. The stock’s 50 day moving average price is C$0.16 and its 200-day moving average price is 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.

About Vanadiumcorp Resource

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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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