Canstar Resources (CVE:ROX) Trading Up 10% – Time to Buy?

Canstar Resources Inc. (CVE:ROXGet Free Report)’s share price traded up 10% during trading on Friday . The company traded as high as C$0.11 and last traded at C$0.11. 203,895 shares traded hands during mid-day trading, an increase of 137% from the average session volume of 85,889 shares. The stock had previously closed at C$0.10.

Canstar Resources Price Performance

The company has a market capitalization of C$18.52 million, a PE ratio of -5.00 and a beta of 3.70. The firm’s 50 day moving average is C$0.08 and its 200 day moving average is C$0.07.

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. The company is headquartered in Toronto, Canada.

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