Vast Resources (LON:VAST) Stock Price Down 13.4% – Time to Sell?

Shares of Vast Resources plc (LON:VAST) dropped 13.4% on Wednesday . The company traded as low as GBX 0.12 ($0.00) and last traded at GBX 0.12 ($0.00). Approximately 40,744,875 shares were traded during mid-day trading, a decline of 45% from the average daily volume of 74,338,984 shares. The stock had previously closed at GBX 0.14 ($0.00).

Vast Resources Stock Down 20.4 %

The company has a market cap of £2.05 million, a P/E ratio of -11.30 and a beta of 2.56. The company has a debt-to-equity ratio of 540.43, a current ratio of 0.29 and a quick ratio of 0.15. The stock has a fifty day moving average price of GBX 0.09 and a two-hundred day moving average price of GBX 0.10.

Vast Resources Company Profile

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.