Shares of Vanadiumcorp Resource Inc (CVE:VRB) were down 16.7% on Friday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 1,170,125 shares traded hands during mid-day trading, an increase of 996% from the average daily volume of 106,753 shares. The stock had previously closed at C$0.09.

The company has a debt-to-equity ratio of 2.07, a current ratio of 0.56 and a quick ratio of 0.35.

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Vanadiumcorp Resource Company Profile (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.

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