VR Resources (CVE:VRR) Shares Down 37.5% – What’s Next?

VR Resources Ltd. (CVE:VRRGet Free Report) shares dropped 37.5% on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 1,473,000 shares changed hands during trading, an increase of 650% from the average daily volume of 196,514 shares. The stock had previously closed at C$0.04.

VR Resources Stock Performance

The firm has a market cap of C$4.67 million, a P/E ratio of -0.65 and a beta of 1.55. The business’s fifty day simple moving average is C$0.05 and its 200-day simple moving average is C$0.04.

About VR Resources

(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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