Canstar Resources Inc. (CVE:ROX – Get Free Report) shares shot up 25% on Thursday . The company traded as high as C$0.06 and last traded at C$0.05. 275,450 shares traded hands during trading, an increase of 367% from the average session volume of 58,965 shares. The stock had previously closed at C$0.04.
Canstar Resources Trading Up 25.0 %
The stock has a 50-day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04. The company has a market cap 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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