Canstar Resources Inc. (CVE:ROX – Get Free Report) shares shot up 25% during mid-day trading on Thursday . The company traded as high as C$0.06 and last traded at C$0.05. 275,450 shares were traded during trading, an increase of 367% from the average session volume of 58,965 shares. The stock had previously closed at C$0.04.
Canstar Resources Stock Performance
The company’s 50 day moving average price is C$0.04 and its 200-day moving average price is C$0.04. The stock has a market cap of C$7.24 million, a P/E ratio of -5.74 and a beta of 2.55.
Canstar Resources Company Profile
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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