Vast Resources (LON:VAST) Stock Falls 9.1% – What’s Next?

Vast Resources plc (LON:VAST – Get Free Report)’s share price traded down 9.1% during mid-day trading on Friday. The company traded as low as GBX 3.75 and last traded at GBX 3.75. Approximately 2,208,711 shares changed hands during trading, a decline of 30% from the average daily volume of 3,176,057 shares. The stock had previously closed at GBX 4.12.

Wall Street Analyst Weigh In

Separately, Shore Capital Group restated a “house stock” rating on shares of Vast Resources in a report on Wednesday, August 19th.

Get Our Latest Report on Vast Resources

Vast Resources Price Performance

The stock’s 50 day moving average price is GBX 4.09. The company has a debt-to-equity ratio of 540.43, a quick ratio of 0.15 and a current ratio of 0.29. The stock has a market cap of £62.01 million, a PE ratio of -0.68 and a beta of 2.56.

About Vast Resources

(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.

Further Reading

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