Vulcan Minerals (CVE:VUL) Stock Price Down 15% – Here’s Why

Vulcan Minerals Inc. (CVE:VULGet Free Report) shares were down 15% during trading on Monday . The company traded as low as C$0.08 and last traded at C$0.09. Approximately 355,720 shares traded hands during trading, an increase of 508% from the average daily volume of 58,553 shares. The stock had previously closed at C$0.10.

Vulcan Minerals Stock Performance

The firm’s 50-day simple moving average is C$0.13 and its 200 day simple moving average is C$0.13. The company has a market cap of C$10.99 million, a P/E ratio of -4.27 and a beta of 2.37.

About Vulcan Minerals

(Get Free Report)

Vulcan Minerals Inc, a precious and base metals exploration company, engages in the acquisition, evaluation, and exploration of mineral properties in Newfoundland and Labrador. It primarily explores for copper, gold, nickel, cobalt, salt, and gypsum deposits. The company was incorporated in 1995 and is headquartered in Saint John’s, Canada.

Further Reading

Receive News & Ratings for Vulcan Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vulcan Minerals and related companies with MarketBeat.com's FREE daily email newsletter.