Vast Resources plc (LON:VAST – Get Free Report)’s share price dropped 20% during mid-day trading on Monday . The company traded as low as GBX 0.13 and last traded at GBX 0.14. Approximately 303,829,781 shares traded hands during trading, an increase of 261% from the average daily volume of 84,201,289 shares. The stock had previously closed at GBX 0.18.
Vast Resources Stock Down 20.0%
The firm has a market capitalization of £5.44 million, a price-to-earnings ratio of -0.44 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. The company’s 50 day moving average price is GBX 0.27 and its 200 day moving average price is GBX 0.34.
Vast Resources Company Profile
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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