VR Resources (CVE:VRR) Stock Price Up 33.3% – What’s Next?

VR Resources Ltd. (CVE:VRR)’s share price rose 33.3% during mid-day trading on Wednesday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 481,000 shares were traded during trading, an increase of 149% from the average daily volume of 193,461 shares. The stock had previously closed at C$0.02.

VR Resources Price Performance

The company has a market cap of C$2.67 million, a price-to-earnings ratio of -2.00 and a beta of -1.29. The firm has a fifty day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02.

About VR Resources

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.