VR Resources (CVE:VRR) Stock Price Down 23.1% – Here’s Why

VR Resources Ltd. (CVE:VRRGet Free Report) shares were down 23.1% on Wednesday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 943,450 shares were traded during mid-day trading, an increase of 378% from the average daily volume of 197,389 shares. The stock had previously closed at C$0.07.

VR Resources Trading Down 23.1 %

The stock has a market cap of C$6.03 million, a price-to-earnings ratio of -1.08 and a beta of 1.55. The company has a fifty day simple moving average of C$0.03 and a 200-day simple moving average of C$0.05.

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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