VR Resources (CVE:VRR) Stock Price Down 14.3% – Here’s Why

VR Resources Ltd. (CVE:VRR) shares fell 14.3% on Saturday . The stock traded as low as C$0.03 and last traded at C$0.03. 103,000 shares changed hands during mid-day trading, a decline of 48% from the average session volume of 196,277 shares. The stock had previously closed at C$0.04.

VR Resources Trading Down 14.3 %

The business’s fifty day simple moving average is C$0.05 and its 200 day simple moving average is C$0.05. The stock has a market cap of C$5.60 million, a P/E ratio of -0.78 and a beta of 1.55.

VR Resources Company Profile

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.