Vast Resources (LON:VAST) Trading Down 4% – What’s Next?

Vast Resources plc (LON:VAST) traded down 4% during mid-day trading on Wednesday . The stock traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). 35,963,770 shares were traded during trading, a decline of 43% from the average session volume of 62,995,758 shares. The stock had previously closed at GBX 0.08 ($0.00).

Vast Resources Stock Performance

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 has a market capitalization of £1.27 million, a price-to-earnings ratio of -7.00 and a beta of 2.56. The business has a fifty day moving average price of GBX 0.09 and a 200 day moving average price of GBX 0.14.

Vast Resources Company Profile

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.