Vanadiumcorp Resource (CVE:VRB) Hits New 1-Year Low – What’s Next?

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report)’s share price hit a new 52-week low on Friday . The company traded as low as C$0.12 and last traded at C$0.12, with a volume of 7050 shares changing hands. The stock had previously closed at C$0.13.

Vanadiumcorp Resource Stock Performance

The firm has a market cap of C$10.81 million, a P/E ratio of -6.50 and a beta of 0.52. 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’s 50-day simple moving average is C$0.16 and its 200 day simple moving average is C$0.09.

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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