Vast Resources (LON:VAST) Trading Down 26.8% – Should You Sell?

Vast Resources plc (LON:VAST)’s stock price fell 26.8% on Thursday . The company traded as low as GBX 0.18 ($0.00) and last traded at GBX 0.19 ($0.00). 79,539,406 shares were traded during trading, an increase of 5% from the average session volume of 75,629,602 shares. The stock had previously closed at GBX 0.26 ($0.00).

Vast Resources Stock Down 1.5%

The stock has a market capitalization of £7.58 million, a P/E ratio of -0.16 and a beta of 2.56. The company has a debt-to-equity ratio of 540.43, a current ratio of 0.29 and a quick ratio of 0.15. The stock’s fifty day moving average is GBX 0.32 and its two-hundred day moving average is GBX 0.36.

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.