Vanstar Mining Resources (CVE:VSR) Trading 3.1% Higher – What’s Next?

Shares of Vanstar Mining Resources Inc. (CVE:VSRGet Free Report) shot up 3.1% during trading on Tuesday . The company traded as high as C$0.67 and last traded at C$0.67. 19,739 shares were traded during mid-day trading, a decline of 71% from the average session volume of 67,368 shares. The stock had previously closed at C$0.65.

Vanstar Mining Resources Stock Performance

The company has a market cap of C$39.09 million, a P/E ratio of -59.60 and a beta of 0.96. The business’s 50-day moving average price is C$0.67 and its 200 day moving average price is C$0.67.

About Vanstar Mining Resources

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Vanstar Mining Resources Inc engages in the acquisition, exploration, valuation, and development of mining properties in Canada. The company primarily explores for gold deposits. Its flagship property is the Nelligan property that includes 158 cells covering an area of approximately 8,216 hectares located near Chibougamau, Quebec. The company was incorporated in 2007 and is based in Montreal, Canada. As of February 13, 2024, Vanstar Mining Resources Inc operates as a subsidiary of IAMGOLD Corporation.

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