Shares of Canstar Resources Inc. (CVE:ROX – Get Free Report) shot up 20% on Thursday . The stock traded as high as C$0.06 and last traded at C$0.06. 106,000 shares were traded during mid-day trading, an increase of 75% from the average session volume of 60,482 shares. The stock had previously closed at C$0.05.
Canstar Resources Trading Up 20.0 %
The business’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04. The stock has a market cap of C$8.68 million, a price-to-earnings ratio of -6.89 and a beta of 2.55.
About Canstar Resources
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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