VR Resources (CVE:VRR) Trading 20% Higher – Still a Buy?

VR Resources Ltd. (CVE:VRR) shares rose 20% during mid-day trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 263,000 shares traded hands during trading, an increase of 50% from the average daily volume of 174,814 shares. The stock had previously closed at C$0.03.

VR Resources Stock Performance

The business has a 50-day moving average price of C$0.03 and a 200 day moving average price of C$0.05. The stock has a market capitalization of C$3.02 million, a P/E ratio of -0.42 and a beta of 1.55.

VR Resources Company Profile

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.