Vast Resources (LON:VAST) Stock Price Down 12.4% – Time to Sell?

Vast Resources plc (LON:VASTGet Free Report)’s stock price dropped 12.4% during mid-day trading on Monday . The company traded as low as GBX 0.34 ($0.00) and last traded at GBX 0.39 ($0.01). Approximately 146,158,281 shares traded hands during trading, an increase of 75% from the average daily volume of 83,557,055 shares. The stock had previously closed at GBX 0.45 ($0.01).

Vast Resources Price Performance

The company has a quick ratio of 0.15, a current ratio of 0.29 and a debt-to-equity ratio of 540.43. The company’s fifty day moving average price is GBX 0.40 and its 200 day moving average price is GBX 0.24. The company has a market capitalization of £6.64 million, a P/E ratio of -36.70 and a beta of 2.56.

Vast Resources Company Profile

(Get Free Report)

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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