Starr Peak Mining (CVE:STE) Trading 5.5% Higher – Still a Buy?

Starr Peak Mining Ltd. (CVE:STE)’s share price traded up 5.5% during mid-day trading on Tuesday . The company traded as high as C$0.40 and last traded at C$0.39. 141,444 shares were traded during mid-day trading, an increase of 130% from the average session volume of 61,368 shares. The stock had previously closed at C$0.37.

Starr Peak Mining Stock Up 5.5 %

The company has a 50-day moving average price of C$0.38 and a two-hundred day moving average price of C$0.40. The stock has a market capitalization of C$20.67 million, a P/E ratio of -12.83 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.