VR Resources (CVE:VRR) Stock Price Down 21.4% – Here’s Why

VR Resources Ltd. (CVE:VRRGet Free Report) shares were down 21.4% during trading on Thursday . The stock traded as low as C$0.05 and last traded at C$0.06. Approximately 875,027 shares were traded during mid-day trading, an increase of 423% from the average daily volume of 167,217 shares. The stock had previously closed at C$0.07.

VR Resources Stock Performance

The business’s 50 day moving average is C$0.06 and its two-hundred day moving average is C$0.05. The firm has a market capitalization of C$10.28 million, a PE ratio of -1.43 and a beta of 1.55.

VR Resources Company Profile

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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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