VR Resources (CVE:VRR) Trading Up 3.6% – Time to Buy?

VR Resources Ltd. (CVE:VRR)’s stock price shot up 3.6% during trading on Monday . The stock traded as high as C$0.29 and last traded at C$0.29. 6,000 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 68,393 shares. The stock had previously closed at C$0.28.

VR Resources Trading Up 3.6%

The firm has a market cap of C$10.04 million, a price-to-earnings ratio of -3.20 and a beta of -1.50. The company’s 50-day moving average is C$0.32 and its 200-day moving average is C$0.12.

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.