East Star Resources (LON:EST) Shares Up 8.9% – Time to Buy?

East Star Resources Plc (LON:ESTGet Free Report) shares rose 8.9% during trading on Monday . The stock traded as high as GBX 1.48 ($0.02) and last traded at GBX 1.41 ($0.02). Approximately 2,360,875 shares changed hands during trading, an increase of 60% from the average daily volume of 1,477,258 shares. The stock had previously closed at GBX 1.29 ($0.02).

East Star Resources Price Performance

The stock has a market cap of £3.47 million, a PE ratio of -137.80 and a beta of -0.90. The stock has a 50-day moving average price of GBX 1.23 and a two-hundred day moving average price of GBX 1.51.

East Star Resources Company Profile

(Get Free Report)

East Star Resources is focused on the discovery and development of strategic minerals required for the energy revolution.

With eight licences covering >1,000 km² in three mineral rich districts of Kazakhstan, East Star is undertaking an intensive exploration programme, applying modern geophysics to discover minerals in levels that were not previously explored.

Further Reading

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