Canstar Resources Inc. (CVE:ROX – Get Free Report) shares rose 17.6% during trading on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 216,175 shares changed hands during trading, an increase of 166% from the average daily volume of 81,168 shares. The stock had previously closed at C$0.09.
Canstar Resources Stock Performance
The firm’s 50-day moving average is C$0.08 and its two-hundred day moving average is C$0.07. The stock has a market cap of C$17.60 million, a P/E ratio of -4.75 and a beta of 3.70.
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. The company is headquartered in Toronto, Canada.
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