Vanadiumcorp Resource (CVE:VRB) Shares Up 76.5% – Still a Buy?

Vanadiumcorp Resource Inc (CVE:VRBGet Free Report) shot up 76.5% during mid-day trading on Friday . The stock traded as high as C$0.35 and last traded at C$0.30. 517,496 shares were traded during trading, an increase of 759% from the average session volume of 60,211 shares. The stock had previously closed at C$0.17.

Vanadiumcorp Resource Stock Performance

The company has a market cap of C$4.56 million, a PE ratio of -8.00 and a beta of -0.12. 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 firm’s 50 day moving average is C$0.14 and its 200-day moving average is C$0.13.

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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