Vast Resources (LON:VAST) Shares Down 4% – Time to Sell?

Vast Resources plc (LON:VAST)’s share price dropped 4% during trading on Wednesday . The stock traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). Approximately 35,963,770 shares were traded during mid-day trading, a decline of 43% from the average daily volume of 62,995,758 shares. The stock had previously closed at GBX 0.08 ($0.00).

Vast Resources Price Performance

The company has a 50-day moving average of GBX 0.09 and a two-hundred day moving average of GBX 0.14. 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 market capitalization of £1.27 million, a PE ratio of -7.00 and a beta of 2.56.

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.