Shares of Canstar Resources Inc. (CVE:ROX – Get Free Report) shot up 20% during mid-day trading on Thursday . The stock traded as high as C$0.06 and last traded at C$0.06. 106,000 shares were traded during 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 Stock Performance
The company’s 50 day moving average price is C$0.04 and its 200-day moving average price is C$0.04. The company has a market cap of C$10.13 million, a PE ratio of -8.04 and a beta of 2.55.
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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