Shares of Canstar Resources Inc. (CVE:ROX – Get Free Report) were up 20% during mid-day trading on Thursday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 106,000 shares were traded during mid-day trading, an increase of 75% from the average daily volume of 60,482 shares. The stock had previously closed at C$0.05.
Canstar Resources Price Performance
The firm has a market capitalization of C$8.68 million, a P/E ratio of -6.89 and a beta of 2.55. The company’s 50-day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04.
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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