Canstar Resources Inc. (CVE:ROX – Get Free Report) shot up 25% during trading on Wednesday . The company traded as high as C$0.06 and last traded at C$0.05. 186,000 shares traded hands during trading, an increase of 243% from the average session volume of 54,217 shares. The stock had previously closed at C$0.04.
Canstar Resources Stock Performance
The firm has a market cap of C$10.13 million, a price-to-earnings ratio of -8.04 and a beta of 2.55. The business’s 50 day moving average price is C$0.04 and its 200 day moving average price is C$0.04.
About Canstar Resources
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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