VR Resources (CVE:VRR) Stock Price Down 14.3% – What’s Next?

Shares of VR Resources Ltd. (CVE:VRR) traded down 14.3% during mid-day trading on Saturday . The stock traded as low as C$0.03 and last traded at C$0.03. 103,000 shares traded hands during 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 Stock Performance

The firm has a fifty day simple moving average of C$0.05 and a 200-day simple moving average of C$0.05. The company has a market capitalization of C$5.60 million, a PE 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.