VR Resources (CVE:VRR) Shares Down 16.7% – Should You Sell?

VR Resources Ltd. (CVE:VRR) traded down 16.7% during mid-day trading on Friday . The stock traded as low as C$0.05 and last traded at C$0.05. 272,100 shares traded hands during trading, an increase of 61% from the average session volume of 169,108 shares. The stock had previously closed at C$0.06.

VR Resources Stock Down 16.7 %

The business’s 50 day moving average is C$0.04 and its 200-day moving average is C$0.05. The firm has a market capitalization of C$6.03 million, a P/E ratio of -0.83 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.