VR Resources (CVE:VRR) Shares Down 37.5% – Should You Sell?

Shares of VR Resources Ltd. (CVE:VRR) fell 37.5% during mid-day trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. 1,705,000 shares traded hands during trading, an increase of 768% from the average session volume of 196,514 shares. The stock had previously closed at C$0.04.

VR Resources Stock Down 37.5 %

The business has a fifty day moving average price of C$0.05 and a 200-day moving average price of C$0.04. The company has a market cap of C$4.67 million, a P/E ratio of -0.65 and a beta of 1.55.

About VR Resources

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.