Canstar Resources (CVE:ROX) Shares Up 25% – What’s Next?

Canstar Resources Inc. (CVE:ROXGet Free Report)’s share price rose 25% during trading on Thursday . The stock traded as high as C$0.06 and last traded at C$0.05. Approximately 275,450 shares traded hands during trading, an increase of 367% from the average daily volume of 58,965 shares. The stock had previously closed at C$0.04.

Canstar Resources Trading Up 16.7 %

The business’s 50-day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04. The company has a market capitalization of C$10.13 million, a P/E ratio of -8.04 and a beta of 2.55.

Canstar Resources Company Profile

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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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