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Vicinity Motor Corp. (V:VMC)

Business Focus: Heavy Buses & Coaches

INK Edge Outlook

Mostly sunny as of October 01, 2021
For the latest outlook, get the company report

Insider Chart - Past 6 Months

INK Ultra Money Free

Insider Filings

Latest 10 SEDI filings for VMC within the last 6 months
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Company News

Oct 21, 2021 07:30 ET
Vicinity Motor Corp. Announces US$17 Million Underwritten Public Offering of Common Shares and Warrants
VANCOUVER, BC / ACCESSWIRE / October 21, 2021 / Vicinity Motor Corp. (TSXV:VMC) (NASDAQ:VEV) (FRA:6LGA) ("Vicinity Motor" or the "Company"), a leading North American supplier of commercial electric vehicles, today announced an underwritten public offering (the "Offering") of 3,990,610 units of the Company (the "Units") at a price of US$4.26 per Unit for gross proceeds to the Company of approximately US$17 million.
Read full article
Oct 13, 2021 08:31 ET
Vicinity Motor Corp. Announces Strategic Supply Agreement with Electrovaya for Lithium Battery Systems
Electrovaya to provide Lithium-ion battery systems for Vicinity electric vehicles
Read full article
See more news stories

Valuation Ratios

Industry
Sector
Beta
0.71
--
--
Price to Sales - TTM
3.16
3.16
8.39
Price to Book - most recent quarter
5.56
5.56
3.41
Price to Cash Flow per share - TTM
247.51
--
13.53
Price to Free Cash Flow per share - TTM
--
--
26.65
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Oct 15, 202139,95622,516
Sep 30, 202117,440-3,626
Sep 15, 202121,06612,671
See Short Report

Business Summary

Sector:  Industrials Industry:  Heavy Machinery & Vehicles

Vicinity Motor Corp., formerly Grande West Transportation Group Inc., is a Canada-based bus manufacturer, which designs, engineers, manufactures and supplies electric, compressed natural gas (CNG), gas and clean diesel buses for both public and commercial enterprise use in the United States (U.S) and Canada. The Company focuses on selling the Vicinity branded transit buses. The Vicinity bus is a mid-size, community transit bus, which is in operation in the municipalities across Canada. Its Vicinity bus is available in 30 feet and 35 feet models. The Company's Vicinity bus is also available in 27.5 feet (8.5 meter), 30 feet (nine meters) and 35 feet (10.5 meter) variations. Its Vicinity Lightning electric vehicle (EV) bus, are enabled with BMW batteries and components.

See business summary

 

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