Shares of Canstar Resources Inc. (CVE:ROX – Get Free Report) shot up 21.4% during trading on Friday . The stock traded as high as C$0.09 and last traded at C$0.09. 199,987 shares were traded during mid-day trading, an increase of 152% from the average session volume of 79,207 shares. The stock had previously closed at C$0.07.
Canstar Resources Stock Performance
The firm has a market cap of C$15.75 million, a price-to-earnings ratio of -4.25 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
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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