Goldstar Minerals (CVE:GDM) Stock Price Up 4.5% – Here’s Why

Goldstar Minerals Inc. (CVE:GDM)’s stock price shot up 4.5% during trading on Thursday . The stock traded as high as C$0.12 and last traded at C$0.12. 10,000 shares were traded during trading, a decline of 75% from the average session volume of 39,753 shares. The stock had previously closed at C$0.11.

Goldstar Minerals Trading Up 4.5 %

The company has a current ratio of 0.08, a quick ratio of 0.03 and a debt-to-equity ratio of 20.75. The stock has a 50-day simple moving average of C$0.12 and a 200 day simple moving average of C$0.12. The company has a market cap of C$6.99 million, a price-to-earnings ratio of -1.64 and a beta of 0.25.

Goldstar Minerals Company Profile

Goldstar Minerals Inc engages in the exploration of mineral properties in the provinces of Québec, and Newfoundland. The company focuses on developing gold and technology metal deposits. It holds 100% interest in the Fortune property located in the Gaspé Peninsula, Québec; Panache North property situated in the Windfall Lake (Urban Barry) area of Québec; and the Prince Property located in the province of Newfoundland; Upton property located in the Monteregie region of southern Quebec.