VR Resources (CVE:VRR) Stock Price Up 20% – Still a Buy?

VR Resources Ltd. (CVE:VRRGet Free Report) shot up 20% on Friday . The company traded as high as C$0.03 and last traded at C$0.03. 263,000 shares traded hands during trading, an increase of 50% from the average session volume of 174,814 shares. The stock had previously closed at C$0.03.

VR Resources Stock Up 20.0 %

The business’s 50 day moving average is C$0.03 and its two-hundred day moving average is C$0.05. The firm has a market capitalization of C$3.62 million, a P/E ratio of -0.42 and a beta of 1.55.

About VR Resources

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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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