Shares of Canstar Resources Inc. (CVE:ROX – Get Free Report) rose 16.7% during mid-day trading on Friday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 201,003 shares traded hands during trading, an increase of 210% from the average daily volume of 64,874 shares. The stock had previously closed at C$0.06.
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 business has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of 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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