VR Resources (CVE:VRR) Trading Down 8.2% – Time to Sell?

by · The Markets Daily

VR Resources Ltd. (CVE:VRRGet Free Report)’s stock price fell 8.2% on Wednesday . The company traded as low as C$0.39 and last traded at C$0.39. 373,625 shares traded hands during mid-day trading, an increase of 22% from the average daily volume of 306,843 shares. The stock had previously closed at C$0.42.

VR Resources Stock Performance

The company has a market cap of C$15.32 million, a price-to-earnings ratio of -5.50 and a beta of 1.17. The business’s 50 day simple moving average is C$0.17 and its 200-day simple moving average is C$0.22.

About VR Resources

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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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