East Star Resources (LON:EST) Stock Price Down 6.5% – Here’s Why

East Star Resources Plc (LON:ESTGet Free Report)’s stock price traded down 6.5% during trading on Friday . The company traded as low as GBX 1.06 ($0.01) and last traded at GBX 1.08 ($0.01). 1,677,778 shares changed hands during trading, a decline of 22% from the average session volume of 2,148,744 shares. The stock had previously closed at GBX 1.15 ($0.01).

East Star Resources Price Performance

The stock has a market capitalization of £2.71 million, a price-to-earnings ratio of -107.50 and a beta of -0.90. The company has a 50-day simple moving average of GBX 1.52 and a two-hundred day simple moving average of GBX 2.56.

East Star Resources Company Profile

(Get Free Report)

East Star Resources Plc focuses on the discovery and development of gold, copper, and rare earth metals in Kazakhstan. It undertakes an exploration program, including nine licenses covering 1,321.5 square kilometer in three mineral districts. The company was formerly known as East Star Resources Limited and changed its name to East Star Resources Plc in March 2021.

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