VR Resources (CVE:VRR) Hits New 52-Week Low – Time to Sell?

Shares of VR Resources Ltd. (CVE:VRR) reached a new 52-week low during trading on Monday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 310000 shares trading hands. The stock had previously closed at C$0.03.

VR Resources Trading Down 16.7 %

The company has a market cap of C$3.02 million, a price-to-earnings ratio of -0.42 and a beta of 1.55. The stock’s fifty day simple moving average is C$0.04 and its 200 day simple moving average 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.