VR Resources (CVE:VRR) Shares Up 25% – Time to Buy?

VR Resources Ltd. (CVE:VRRGet Free Report) shares rose 25% during mid-day trading on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 760,000 shares traded hands during mid-day trading, an increase of 211% from the average daily volume of 244,176 shares. The stock had previously closed at C$0.02.

VR Resources Price Performance

The firm has a 50-day simple moving average of C$0.02 and a 200 day simple moving average of C$0.04. The stock has a market capitalization of C$4.67 million, a P/E ratio of -0.65 and a beta of 1.55.

About VR Resources

(Get Free Report)

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.

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