Vanadiumcorp Resource (CVE:VRB) Stock Price Up 31.3% – Here’s What Happened

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report)’s share price rose 31.3% on Saturday . The stock traded as high as C$0.32 and last traded at C$0.32. Approximately 173,113 shares were traded during trading, an increase of 143% from the average daily volume of 71,239 shares. The stock had previously closed at C$0.24.

Vanadiumcorp Resource Stock Up 31.3%

The firm has a 50 day moving average price of C$0.16 and a two-hundred day moving average price of C$0.14. The company has a quick ratio of 0.06, a current ratio of 0.10 and a debt-to-equity ratio of 9.31. The company has a market capitalization of C$4.49 million, a price-to-earnings ratio of -7.88 and a beta of -0.12.

Vanadiumcorp Resource Company Profile

(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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