VR Resources (CVE:VRR) Stock Price Up 33.3% – Here’s Why
by Teresa Graham · The Cerbat GemVR Resources Ltd. (CVE:VRR – Get Free Report) shot up 33.3% during trading on Friday . The company traded as high as C$0.02 and last traded at C$0.02. 4,068,259 shares traded hands during mid-day trading, an increase of 394% from the average session volume of 824,070 shares. The stock had previously closed at C$0.02.
VR Resources Price Performance
The stock’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The company has a market cap of C$2.67 million, a P/E ratio of -2.00 and a beta of -1.29.
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.