Vast Resources (LON:VAST) Stock Price Up 9.2% – Still a Buy?

Vast Resources plc (LON:VAST) was up 9.2% on Monday . The stock traded as high as GBX 0.25 ($0.00) and last traded at GBX 0.25 ($0.00). Approximately 20,932,934 shares were traded during trading, a decline of 65% from the average daily volume of 60,280,488 shares. The stock had previously closed at GBX 0.23 ($0.00).

Vast Resources Stock Performance

The stock has a fifty day moving average price of GBX 0.18 and a 200 day moving average price of GBX 0.12. The company has a current ratio of 0.29, a quick ratio of 0.15 and a debt-to-equity ratio of 540.43. The firm has a market cap of £5.07 million, a price-to-earnings ratio of -28.00 and a beta of 2.56.

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.