Vanadiumcorp Resource (CVE:VRB) Stock Price Up 20% – Should You Buy?

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report) was up 20% during mid-day trading on Monday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 119,000 shares were traded during mid-day trading, an increase of 423% from the average daily volume of 22,744 shares. The stock had previously closed at C$0.13.

Vanadiumcorp Resource Price Performance

The stock has a 50 day moving average of C$0.12 and a 200-day moving average of C$0.13. 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 company has a market cap of C$1.52 million, a PE ratio of -8.71 and a beta of 0.52.

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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