VR Resources (CVE:VRR) Trading Down 14.3% – Here’s What Happened

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

VR Resources Trading Down 14.3 %

The company’s 50 day moving average is C$0.05 and its 200-day moving average is C$0.05. The company has a market capitalization of C$5.60 million, a P/E ratio of -0.78 and a beta of 1.55.

About VR Resources

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.