Vanadiumcorp Resource (CVE:VRB) Trading 12.5% Higher

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report)’s share price was up 12.5% on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 145,000 shares traded hands during mid-day trading, an increase of 20% from the average daily volume of 121,279 shares. The stock had previously closed at C$0.04.

Vanadiumcorp Resource Price Performance

The company has a 50 day moving average of C$0.04 and a two-hundred day moving average of C$0.06. The firm has a market cap of C$3.74 million, a P/E ratio of -2.25 and a beta of 0.63. The company has a quick ratio of 0.06, a current ratio of 0.47 and a debt-to-equity ratio of 9.54.

Vanadiumcorp Resource (CVE:VRBGet Free Report) last issued its quarterly earnings results on Wednesday, February 28th. The company reported C($0.01) earnings per share for the quarter.

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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