VR Resources (CVE:VRR) Shares Down 25% – What’s Next?

VR Resources Ltd. (CVE:VRRGet Free Report) dropped 25% during mid-day trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 1,287,000 shares were traded during mid-day trading, an increase of 566% from the average daily volume of 193,132 shares. The stock had previously closed at C$0.04.

VR Resources Stock Performance

The stock’s 50 day moving average is C$0.05 and its 200 day moving average is C$0.04. The company has a market capitalization of C$4.67 million, a PE ratio of -0.65 and a beta of 1.55.

VR Resources Company Profile

(Get Free Report)

VR Resources Ltd., a mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral exploration properties in the United States and Canada. It primarily explores for rare earth metals, copper, silver, gold, and diamond deposits. The company's principal properties include 100% owned Northway property consisting of 284 claims; and Hecla-Kilmer REE critical metals comprising 224 mineral claims in one contiguous block covering an area of 4,618 hectares located in northern Ontario, Canada.

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