Vulcan Minerals (CVE:VUL) Shares Down 15% – Should You Sell?

Vulcan Minerals Inc. (CVE:VUL) shares were down 15% on Monday . The company traded as low as C$0.08 and last traded at C$0.09. Approximately 355,720 shares were traded during mid-day trading, an increase of 508% from the average daily volume of 58,553 shares. The stock had previously closed at C$0.10.

Vulcan Minerals Trading Down 15.0 %

The stock has a market cap of C$10.99 million, a price-to-earnings ratio of -4.27 and a beta of 2.37. The company has a fifty day simple moving average of C$0.13 and a 200-day simple moving average of C$0.13.

Vulcan Minerals Company Profile

Vulcan Minerals Inc, a precious and base metals exploration company, engages in the acquisition, evaluation, and exploration of mineral properties in Newfoundland and Labrador. It primarily explores for copper, gold, nickel, cobalt, salt, and gypsum deposits. The company was incorporated in 1995 and is headquartered in Saint John’s, Canada.