VR Resources (CVE:VRR) Shares Down 25% – Time to Sell?

VR Resources Ltd. (CVE:VRR) was down 25% on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 705,000 shares were traded during mid-day trading, an increase of 139% from the average daily volume of 294,776 shares. The stock had previously closed at C$0.02.

VR Resources Price Performance

The business’s 50 day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02. The stock has a market capitalization of C$2.00 million, a P/E ratio of -1.50 and a beta of -1.26.

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.