VR Resources (CVE:VRR) Shares Down 21.4% – Should You Sell?

Shares of VR Resources Ltd. (CVE:VRR) traded down 21.4% during trading on Thursday . The company traded as low as C$0.05 and last traded at C$0.06. 1,325,027 shares traded hands during mid-day trading, an increase of 632% from the average session volume of 181,050 shares. The stock had previously closed at C$0.07.

VR Resources Stock Performance

The company has a market cap of C$10.28 million, a P/E ratio of -1.43 and a beta of 1.55. The business’s 50-day moving average price is C$0.06 and its 200 day moving average price 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.