VR Resources (CVE:VRR) Shares Down 14.3% – Should You Sell?

VR Resources Ltd. (CVE:VRR)’s share price traded down 14.3% during trading on Wednesday . The company traded as low as C$0.06 and last traded at C$0.06. 254,795 shares traded hands during mid-day trading, an increase of 17% from the average session volume of 218,103 shares. The stock had previously closed at C$0.07.

VR Resources Stock Down 7.1 %

The business’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.05. The stock has a market cap of C$7.84 million, a price-to-earnings ratio of -1.08 and a beta of 1.55.

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.