Vast Resources (LON:VAST) Shares Up 9.3% – Should You Buy?

Shares of Vast Resources plc (LON:VASTGet Free Report) rose 9.3% on Wednesday . The company traded as high as GBX 0.15 ($0.00) and last traded at GBX 0.15 ($0.00). Approximately 18,049,244 shares traded hands during trading, a decline of 73% from the average daily volume of 66,104,883 shares. The stock had previously closed at GBX 0.14 ($0.00).

Vast Resources Trading Up 24.3 %

The firm’s 50 day simple moving average is GBX 0.11 and its 200-day simple moving average is GBX 0.10. The company has a market capitalization of £3.15 million, a PE ratio of -17.40 and a beta of 2.56. The company has a quick ratio of 0.15, a current ratio of 0.29 and a debt-to-equity ratio of 540.43.

About Vast Resources

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Vast Resources plc engages in the exploration and development of mineral projects in Sub-Saharan Africa and Eastern Europe. The company explores for copper, zinc, silver, gold, and diamond deposits. It holds 100% interest in the Baita Plai Polymetallic Mine located in Romania; and 100% interest the Manaila Polymetallic Mine covering an area of approximately 138.6 hectares located in Romania; 29.41% interest in the Blueberry Polymetallic Gold project located in Baia de Aries, Western Romania; and interests in other Romanian prospects.

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