Vanadiumcorp Resource (CVE:VRB) Reaches New 52-Week Low – Time to Sell?

Shares of Vanadiumcorp Resource Inc (CVE:VRB) hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 62535 shares trading hands. The stock had previously closed at C$0.10.

Vanadiumcorp Resource Trading Down 4.2%

The company has a 50 day moving average of C$0.12 and a 200 day moving average of C$0.18. The company has a current ratio of 0.31, a quick ratio of 0.06 and a debt-to-equity ratio of 5.42. The firm has a market cap of C$2.26 million, a price-to-earnings ratio of -1.64 and a beta of -0.19.

Vanadiumcorp Resource Company Profile

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. VanadiumCorp also holds a strategic vanadium-titanium-iron bearing resource base in mining friendly Quebec, Canada.