Canstar Resources (CVE:ROX) Trading 16.7% Higher – Still a Buy?

Canstar Resources Inc. (CVE:ROXGet Free Report)’s share price traded up 16.7% during mid-day trading on Saturday . The stock traded as high as C$0.07 and last traded at C$0.07. 201,003 shares changed hands during trading, an increase of 210% from the average session volume of 64,874 shares. The stock had previously closed at C$0.06.

Canstar Resources Trading Up 16.7 %

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

Canstar Resources Company Profile

(Get Free Report)

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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