Starr Peak Mining (CVE:STE) Shares Down 9.2% – What’s Next?

Starr Peak Mining Ltd. (CVE:STE)’s stock price dropped 9.2% during trading on Wednesday . The company traded as low as C$0.33 and last traded at C$0.35. Approximately 113,600 shares traded hands during mid-day trading, an increase of 87% from the average daily volume of 60,827 shares. The stock had previously closed at C$0.38.

Starr Peak Mining Price Performance

The business’s fifty day simple moving average is C$0.37 and its 200 day simple moving average is C$0.39. The firm has a market capitalization of C$18.52 million, a price-to-earnings ratio of -11.50 and a beta of 1.26.

Starr Peak Mining Company Profile

Starr Peak Mining Ltd., an exploration stage junior mining company, engages in the identification, acquisition, and exploration of mineral properties in Canada. The company explores for gold. It holds a 100% interest in NewMetal Property located in the Abitibi Greenstone Belt of Quebec; the Rousseau Gold Property located in Canada; and the Turgeon Lake Gold Property located in the east of the Rousseau Gold Property.