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

VR Resources Ltd. (CVE:VRR)’s stock price was down 14.3% during mid-day trading on Wednesday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 254,795 shares traded hands during trading, an increase of 17% from the average daily volume of 218,103 shares. The stock had previously closed at C$0.07.

VR Resources Trading Up 16.7 %

The stock has a market capitalization of C$8.44 million, a P/E ratio of -1.17 and a beta of 1.55. The business has a 50-day moving average price of C$0.04 and a two-hundred day moving average price 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.