Vast Resources (LON:VAST) Shares Down 8.2% – Should You Sell?

Vast Resources plc (LON:VAST) shares fell 8.2% during mid-day trading on Thursday . The stock traded as low as GBX 0.09 ($0.00) and last traded at GBX 0.09 ($0.00). 2,237,949 shares traded hands during trading, a decline of 83% from the average session volume of 13,164,077 shares. The stock had previously closed at GBX 0.10 ($0.00).

Vast Resources Trading Down 8.2 %

The firm has a market cap of £1.63 million, a price-to-earnings ratio of -9.00 and a beta of 2.56. The company’s 50-day moving average price is GBX 0.08 and its 200-day moving average price is GBX 0.11. The company has a quick ratio of 0.15, a current ratio of 0.29 and a debt-to-equity ratio of 540.43.

About Vast Resources

Vast Resources plc engages in the exploration and development of mineral projects in Sub-Saharan Africa and Eastern Europe. The company explores for copper, zinc, silver, gold, and diamond deposits. It holds 100% interest in the Baita Plai Polymetallic Mine located in Romania; and 100% interest the Manaila Polymetallic Mine covering an area of approximately 138.6 hectares located in Romania; 29.41% interest in the Blueberry Polymetallic Gold project located in Baia de Aries, Western Romania; and interests in other Romanian prospects.