VR Resources (CVE:VRR) Shares Down 21.4% – Here’s What Happened

VR Resources Ltd. (CVE:VRRGet Free Report)’s stock price dropped 21.4% during mid-day trading on Friday . The company traded as low as C$0.05 and last traded at C$0.06. Approximately 1,416,027 shares traded hands during trading, an increase of 662% from the average daily volume of 185,884 shares. The stock had previously closed at C$0.07.

VR Resources Trading Down 21.4 %

The stock has a 50-day moving average of C$0.06 and a 200-day moving average of C$0.05. The firm has a market cap of C$10.28 million, a price-to-earnings ratio of -1.43 and a beta of 1.55.

VR Resources Company Profile

(Get Free Report)

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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