Vulcan Minerals Inc. (CVE:VUL) shares were down 42.9% on Tuesday . The stock traded as low as C$0.10 and last traded at C$0.10, approximately 3,369,356 shares changed hands during trading. An increase of 3,788% from the average daily volume of 86,656 shares. The stock had previously closed at C$0.18.
The company’s 50-day moving average price is C$0.03 and its two-hundred day moving average price is C$0.04. The company has a market capitalization of $1.84 million and a price-to-earnings ratio of -6.18.
About Vulcan Minerals (CVE:VUL)
Vulcan Minerals Inc, an exploration stage company, engages in the acquisition, evaluation, and exploration of minerals, and petroleum and natural gas properties in Newfoundland and Labrador. It explores for nickel-copper-platinum, salt/potash, and gold deposits. The company holds interest in Colchester copper gold project located in north-central Newfoundland; Lizard Pond gold property situated in central Newfoundland; and 100% interest in TL Nickel-Copper-Platinum group element property located in northwest of the Voisey's Bay nickel-copper-cobalt mine.
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