VR Resources (CVE:VRR) Shares Climb 3.9% – Should You Buy?

VR Resources Ltd. (CVE:VRR – Get Free Report) shares shot up 3.9% during trading on Thursday. The stock traded as high as C$0.40 and last traded at C$0.40. Approximately 85,347 shares traded hands during trading, a decline of 72% from the average session volume of 301,882 shares. The stock had previously closed at C$0.39.

VR Resources Price Performance

The business’s 50-day moving average is C$0.43 and its two-hundred day moving average is C$0.27. The firm has a market cap of C$14.32 million, a P/E ratio of -5.14 and a beta of -0.55.

VR Resources Company Profile

(Get Free Report)

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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