VR Resources (CVE:VRR) Reaches New 52-Week Low – What’s Next?

VR Resources Ltd. (CVE:VRR)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 347000 shares traded. The stock had previously closed at C$0.03.

VR Resources Stock Performance

The company has a fifty day moving average price of C$0.04 and a two-hundred day moving average price of C$0.06. The firm has a market cap of C$3.02 million, a P/E ratio of -0.42 and a beta of 1.55.

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.