VR Resources (CVE:VRR) Trading Down 19% – What’s Next?

VR Resources Ltd. (CVE:VRR) shares fell 19% on Friday . The company traded as low as C$0.32 and last traded at C$0.32. 133,000 shares traded hands during trading, an increase of 22% from the average session volume of 109,106 shares. The stock had previously closed at C$0.40.

VR Resources Trading Down 19.0%

The firm has a 50-day moving average of C$0.12 and a 200 day moving average of C$0.06. The stock has a market capitalization of C$4.27 million, a price-to-earnings ratio of -3.20 and a beta of -1.16.

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.