Shares of VR Resources Ltd. (CVE:VRR – Get Free Report) dropped 16.7% during trading on Friday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 452,655 shares were traded during mid-day trading, an increase of 71% from the average daily volume of 264,327 shares. The stock had previously closed at C$0.06.
VR Resources Trading Down 8.3 %
The firm’s 50-day moving average price is C$0.04 and its 200 day moving average price is C$0.05. The company has a market capitalization of C$6.63 million, a price-to-earnings ratio of -0.92 and a beta of 1.55.
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.
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