VR Resources (CVE:VRR) Trading Down 25% – What’s Next?
by Amy Steele · The Cerbat GemVR Resources Ltd. (CVE:VRR – Get Free Report) fell 25% during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 705,000 shares traded hands during trading, an increase of 139% from the average session volume of 294,776 shares. The stock had previously closed at C$0.02.
VR Resources Price Performance
The company has a market cap of C$2.00 million, a price-to-earnings ratio of -1.50 and a beta of -1.26. The stock has a 50-day moving average price of C$0.02 and a 200 day moving average price of C$0.02.
About VR Resources
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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