Canstar Resources (CVE:ROX) Hits New 12-Month Low – Should You Sell?

Canstar Resources Inc. (CVE:ROXGet Free Report)’s share price reached a new 52-week low on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 93000 shares changing hands. The stock had previously closed at C$0.04.

Canstar Resources Trading Up 12.5%

The firm has a market cap of C$8.36 million, a PE ratio of -4.50 and a beta of 3.44. The company has a debt-to-equity ratio of 218.89, a current ratio of 1.31 and a quick ratio of 8.36. The business has a 50-day moving average price of C$0.05 and a two-hundred day moving average price of C$0.07.

Canstar Resources Company Profile

(Get Free Report)

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. The company is headquartered in Toronto, Canada.

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