Vast Resources (LON:VAST) Shares Up 21.8% – Time to Buy?

Vast Resources plc (LON:VASTGet Free Report) shot up 21.8% on Thursday . The company traded as high as GBX 0.14 ($0.00) and last traded at GBX 0.13 ($0.00). 88,622,633 shares were traded during trading, an increase of 72% from the average session volume of 51,582,195 shares. The stock had previously closed at GBX 0.11 ($0.00).

Vast Resources Stock Up 16.0 %

The business has a fifty day simple moving average of GBX 0.10 and a two-hundred day simple moving average of GBX 0.21. The company has a market capitalization of £2.62 million, a price-to-earnings ratio of -14.50 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

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Vast Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vast Resources and related companies with MarketBeat.com's FREE daily email newsletter.