Vast Resources (LON:VAST) Trading 6.2% Higher – Still a Buy?

Vast Resources plc (LON:VASTGet Free Report) traded up 6.2% during mid-day trading on Tuesday . The stock traded as high as GBX 0.13 ($0.00) and last traded at GBX 0.12 ($0.00). 40,991,246 shares traded hands during trading, a decline of 47% from the average session volume of 77,940,531 shares. The stock had previously closed at GBX 0.11 ($0.00).

Vast Resources Stock Performance

The company has a market cap of £2.17 million, a PE ratio of -12.00 and a beta of 2.56. The company has a debt-to-equity ratio of 540.43, a quick ratio of 0.15 and a current ratio of 0.29. The firm’s 50 day moving average is GBX 0.10 and its 200-day moving average is GBX 0.10.

Vast Resources Company Profile

(Get Free Report)

Vast Resources plc engages in the exploration and development of mineral projects in Sub-Saharan Africa and Eastern Europe. The company explores for copper, zinc, silver, gold, and diamond deposits. It holds 100% interest in the Baita Plai Polymetallic Mine located in Romania; and 100% interest the Manaila Polymetallic Mine covering an area of approximately 138.6 hectares located in Romania; 29.41% interest in the Blueberry Polymetallic Gold project located in Baia de Aries, Western Romania; and interests in other Romanian prospects.

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