East Star Resources (LON:EST) Shares Up 13% – Here’s Why

Shares of East Star Resources Plc (LON:ESTGet Free Report) traded up 13% on Monday . The stock traded as high as GBX 1.40 ($0.02) and last traded at GBX 1.30 ($0.02). 4,971,907 shares traded hands during mid-day trading, an increase of 140% from the average session volume of 2,069,455 shares. The stock had previously closed at GBX 1.15 ($0.01).

East Star Resources Trading Up 1.9 %

The company has a 50-day moving average price of GBX 1.17 and a two-hundred day moving average price of GBX 2.17. The stock has a market capitalization of £3.34 million, a P/E ratio of -132.50 and a beta of -0.90.

East Star Resources Company Profile

(Get Free Report)

East Star Resources Plc focuses on the discovery and development of gold, copper, and rare earth metals in Kazakhstan. It undertakes an exploration program, including nine licenses covering 1,321.5 square kilometer in three mineral districts. The company was formerly known as East Star Resources Limited and changed its name to East Star Resources Plc in March 2021.

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