Vast Resources (LON:VAST) Stock Price Up 7.6% – Still a Buy?

Shares of Vast Resources plc (LON:VASTGet Free Report) shot up 7.6% during trading on Wednesday . The stock traded as high as GBX 0.12 ($0.00) and last traded at GBX 0.11 ($0.00). 32,739,133 shares traded hands during trading, a decline of 14% from the average session volume of 37,971,762 shares. The stock had previously closed at GBX 0.11 ($0.00).

Vast Resources Stock Performance

The stock has a 50 day moving average price of GBX 0.09 and a two-hundred day moving average price of GBX 0.10. The company has a debt-to-equity ratio of 540.43, a current ratio of 0.29 and a quick ratio of 0.15. The company has a market capitalization of £2.17 million, a price-to-earnings ratio of -12.00 and a beta of 2.56.

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.

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