VR Resources (CVE:VRR) Shares Down 16.7%

VR Resources Ltd. (CVE:VRR) dropped 16.7% during trading on Monday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 327,600 shares changed hands during mid-day trading, an increase of 89% from the average daily volume of 172,920 shares. The stock had previously closed at C$0.06.

VR Resources Stock Down 8.3 %

The firm has a market capitalization of C$6.59 million, a price-to-earnings ratio of -0.86 and a beta of 1.72. The company’s 50 day moving average is C$0.08 and its 200 day moving average is C$0.12.

VR Resources Company Profile

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.