VR Resources (CVE:VRR) Trading 28.1% Higher – What’s Next?

VR Resources Ltd. (CVE:VRR) shares traded up 28.1% on Saturday . The company traded as high as C$0.42 and last traded at C$0.41. 157,500 shares traded hands during mid-day trading, an increase of 42% from the average session volume of 110,719 shares. The stock had previously closed at C$0.32.

VR Resources Stock Performance

The company has a market cap of C$5.47 million, a price-to-earnings ratio of -4.10 and a beta of -1.16. The company’s 50 day moving average price is C$0.13 and its 200-day moving average price is C$0.06.

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.