Vast Resources (LON:VAST) Trading Up 9% – Here’s Why

Vast Resources plc (LON:VAST) traded up 9% on Wednesday . The stock traded as high as GBX 0.10 ($0.00) and last traded at GBX 0.09 ($0.00). 93,891,352 shares traded hands during trading, an increase of 49% from the average session volume of 62,826,461 shares. The stock had previously closed at GBX 0.08 ($0.00).

Vast Resources Stock Down 2.1 %

The company has a quick ratio of 0.15, a current ratio of 0.29 and a debt-to-equity ratio of 540.43. The company has a fifty day simple moving average of GBX 0.09 and a 200-day simple moving average of GBX 0.12. The firm has a market cap of £1.68 million, a P/E ratio of -9.30 and a beta of 2.56.

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.