Vast Resources (LON:VAST) Shares Up 15.1% – Should You Buy?

Vast Resources plc (LON:VAST)’s share price rose 15.1% during trading on Wednesday . The company traded as high as GBX 0.10 and last traded at GBX 0.10. Approximately 81,014,133 shares changed hands during trading, a decline of 9% from the average daily volume of 88,730,945 shares. The stock had previously closed at GBX 0.09.

Vast Resources Stock Up 16.3%

The business’s fifty day moving average is GBX 0.17 and its two-hundred day moving average is GBX 0.29. The stock has a market cap of £5.00 million, a price-to-earnings ratio of -0.31 and a beta of 2.56. The company has a quick ratio of 0.15, a current ratio of 0.29 and a debt-to-equity ratio of 540.43.

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.