Canstar Resources (CVE:ROX) Stock Price Up 37.5% – What’s Next?

Canstar Resources Inc. (CVE:ROXGet Free Report)’s stock price rose 37.5% on Wednesday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 133,000 shares changed hands during trading, an increase of 145% from the average daily volume of 54,217 shares. The stock had previously closed at C$0.04.

Canstar Resources Stock Performance

The business has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. The stock has a market cap of C$10.13 million, a price-to-earnings ratio of -8.04 and a beta of 2.55.

About Canstar Resources

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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.

Further Reading

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