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 changed hands during mid-day 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 Stock Performance
The firm has a market cap of C$10.13 million, a price-to-earnings ratio of -8.04 and a beta of 2.55. The company’s fifty day moving average is C$0.04 and its two-hundred day 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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