Canstar Resources Inc. (CVE:ROX – Get Free Report)’s share price rose 37.5% during mid-day trading on Wednesday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 120,000 shares were traded during trading, an increase of 123% from the average daily volume of 53,784 shares. The stock had previously closed at C$0.04.
Canstar Resources Stock Performance
The company’s fifty day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04. The company has a market capitalization of C$7.24 million, a price-to-earnings ratio of -5.74 and a beta of 2.55.
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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