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

VR Resources Ltd. (CVE:VRR)’s stock price dropped 14.3% during mid-day trading on Saturday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 103,000 shares were traded during 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 firm has a market cap of C$5.60 million, a price-to-earnings ratio of -0.78 and a beta of 1.55. The stock has a 50-day moving average of C$0.05 and a 200-day moving average of C$0.05.

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.