Shares of Canstar Resources Inc. (CVE:ROX – Get Free Report) rose 21.4% during mid-day trading on Thursday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 199,987 shares traded hands during trading, an increase of 152% from the average daily volume of 79,207 shares. The stock had previously closed at C$0.07.
Canstar Resources Stock Performance
The company has a market capitalization of C$15.75 million, a price-to-earnings ratio of -4.25 and a beta of 3.70. The business’s 50 day moving average is C$0.08 and its 200 day moving average is C$0.07.
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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