VR Resources Ltd. (CVE:VRR – Get Free Report) dropped 37.5% during mid-day trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 1,845,000 shares changed hands during trading, an increase of 819% from the average daily volume of 200,732 shares. The stock had previously closed at C$0.04.
VR Resources Stock Performance
The firm’s fifty day simple moving average is C$0.05 and its 200 day simple moving average is C$0.04. The stock has a market capitalization of C$4.67 million, a price-to-earnings ratio of -0.65 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.
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