Canstar Resources Inc. (CVE:ROX – Get Free Report) shares were up 20% on Thursday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 106,000 shares traded hands during mid-day trading, an increase of 77% from the average daily volume of 59,966 shares. The stock had previously closed at C$0.05.
Canstar Resources Stock Performance
The stock has a market cap of C$8.68 million, a price-to-earnings ratio of -6.89 and a beta of 2.55. The firm’s 50-day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04.
About Canstar Resources
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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