Shares of VR Resources Ltd. (CVE:VRR – Get Free Report) dropped 14.3% during mid-day trading on Thursday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 271,027 shares changed hands during trading, an increase of 83% from the average daily volume of 147,717 shares. The stock had previously closed at C$0.07.
VR Resources Price Performance
The firm has a 50 day simple moving average of C$0.06 and a 200-day simple moving average of C$0.05. The company has a market cap of C$9.34 million, a price-to-earnings ratio of -1.30 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.
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