VR Resources (CVE:VRR) Trading Up 20% – Should You Buy?

VR Resources Ltd. (CVE:VRR)’s share price rose 20% during trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 809,322 shares traded hands during mid-day trading, an increase of 278% from the average daily volume of 214,100 shares. The stock had previously closed at C$0.03.

VR Resources Stock Performance

The company has a market capitalization of C$4.67 million, a PE ratio of -0.65 and a beta of 1.55. The business has a fifty day moving average price of C$0.05 and a 200 day moving average price of C$0.04.

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.