VR Resources Ltd (CVE:VRR) shares shot up 18% on Tuesday . The stock traded as high as C$0.30 and last traded at C$0.30, 85,100 shares changed hands during mid-day trading. An increase of 42% from the average session volume of 59,822 shares. The stock had previously closed at C$0.25.
The stock has a market cap of $13.69 million and a P/E ratio of -10.93. The stock’s 50 day moving average is C$0.18.
VR Resources Company Profile (CVE:VRR)
VR Resources Ltd., a junior mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral exploration properties in the United States. The company primarily explores for copper, silver, and gold deposits. Its core properties include the Bonita property that consists of 446 claims covering an area of approximately 3,729 hectares in Humboldt County, Nevada; the Junction property that comprises 179 claims covering an area of approximately 1,497 hectares in Humboldt County, Nevada; the Danbo property that consists of 38 claims covering an area of approximately 254 hectares in Nye County, Nevada; and the Ranoke property consisting of 345 claims in one contiguous block covering 7,072 hectares in northern Ontario.
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