Vanadiumcorp Resource Inc (CVE:VRB) shares were up 12.5% during mid-day trading on Friday . The stock traded as high as C$0.05 and last traded at C$0.05, approximately 299,376 shares traded hands during trading. An increase of 190% from the average daily volume of 103,090 shares. The stock had previously closed at C$0.04.
The firm has a 50 day moving average of C$0.04 and a 200-day moving average of C$0.05. The company has a market cap of $12.99 million and a P/E ratio of -7.50. The company has a current ratio of 2.28, a quick ratio of 2.09 and a debt-to-equity ratio of 6.84.
About Vanadiumcorp Resource (CVE:VRB)
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.
www.enterpriseecho.com
