Vulcan Minerals (CVE:VUL) Stock Price Down 15% – Should You Sell?

Vulcan Minerals Inc. (CVE:VULGet Free Report)’s stock price dropped 15% during mid-day trading on Monday . The stock traded as low as C$0.08 and last traded at C$0.09. Approximately 340,720 shares changed hands during trading, an increase of 487% from the average daily volume of 58,063 shares. The stock had previously closed at C$0.10.

Vulcan Minerals Stock Performance

The firm has a 50 day simple moving average of C$0.12 and a 200 day simple moving average of C$0.13. The firm has a market cap of C$12.28 million, a P/E ratio of -4.78 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.

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