Vanstar Mining Resources (VSR) Shares Up 10.3%
Vanstar Mining Resources Inc. (CVE:VSR)’s share price shot up 10.3% during mid-day trading on Friday . The company traded as high as C$0.23 and last traded at C$0.22. 363,500 shares were traded during mid-day trading, an increase of 119% from the average session volume of 165,912 shares. The stock had previously closed at C$0.20.
The company has a quick ratio of 18.59, a current ratio of 19.15 and a debt-to-equity ratio of 2.85. The firm has a market capitalization of $9.45 million and a PE ratio of 6.18.
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Vanstar Mining Resources Inc engages in the acquisition, exploration, development, and operation of mining properties in Canada. It primarily explores for and produces gold deposits. The company's flagship project is the Nelligan project, including Liam, Dan, 36, and Renard gold zones located in the Chapais-Chibougameau region of northern Quebec.
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