VR Resources (CVE:VRR) Stock Price Down 23.1% – What’s Next?

VR Resources Ltd. (CVE:VRR) shares fell 23.1% during trading on Wednesday . The company traded as low as C$0.05 and last traded at C$0.05. 943,450 shares were traded during trading, an increase of 378% from the average session volume of 197,389 shares. The stock had previously closed at C$0.07.

VR Resources Stock Up 11.1 %

The firm has a market capitalization of C$6.03 million, a P/E ratio of -0.75 and a beta of 1.55. The business’s 50 day moving average is C$0.03 and its two-hundred day moving average is 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.