Canstar Resources (CVE:ROX) Shares Up 16.7% – Here’s What Happened

Canstar Resources Inc. (CVE:ROXGet Free Report) shares were up 16.7% during mid-day trading on Friday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 201,003 shares were traded during trading, an increase of 210% from the average daily volume of 64,874 shares. The stock had previously closed at C$0.06.

Canstar Resources Price Performance

The business has a 50 day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04. The stock has a market cap of C$10.13 million, a PE ratio of -8.04 and a beta of 2.55.

Canstar Resources Company Profile

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Canstar Resources Inc engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for zinc, silver, lead, copper, and gold deposits. Its flagship project is the 100% owned Golden Baie project that comprises 52 mineral exploration licenses located in the south-central Newfoundland.

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