VR Resources (CVE:VRR) Trading Down 25% – Here’s Why

VR Resources Ltd. (CVE:VRR – Get Free Report)’s stock price was down 25% during mid-day trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 705,000 shares traded hands during mid-day trading, an increase of 139% from the average daily volume of 294,776 shares. The stock had previously closed at C$0.02.

VR Resources Price Performance

The stock has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02. The company has a market capitalization of C$2.00 million, a price-to-earnings ratio of -1.50 and a beta of -1.26.

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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