Canstar Resources (CVE:ROX) Trading 25% Higher – Should You Buy?

Canstar Resources Inc. (CVE:ROXGet Free Report)’s stock price shot up 25% during mid-day trading on Thursday . The company traded as high as C$0.06 and last traded at C$0.05. 275,450 shares changed 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 16.7 %

The company has a market cap of C$10.13 million, a PE ratio of -8.04 and a beta of 2.55. The business has a fifty day moving average of C$0.04 and a 200-day moving average of C$0.04.

Canstar Resources Company Profile

(Get Free Report)

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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