Starr Peak Mining (CVE:STE) Stock Price Down 4% – Here’s Why

Starr Peak Mining Ltd. (CVE:STEGet Free Report) shares dropped 4% on Thursday . The company traded as low as C$0.48 and last traded at C$0.48. Approximately 19,586 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 160,029 shares. The stock had previously closed at C$0.50.

Starr Peak Mining Trading Down 4.0%

The firm has a market capitalization of C$27.69 million, a price-to-earnings ratio of -24.00 and a beta of 2.01. The stock’s 50-day moving average is C$0.40 and its 200-day moving average is C$0.37.

About Starr Peak Mining

(Get Free Report)

Starr Peak Mining Ltd., an exploration stage junior mining company, engages in the identification, acquisition, and exploration of mineral properties in Canada. The company explores for gold. It holds a 100% interest in NewMetal Property located in the Abitibi Greenstone Belt of Quebec; the Rousseau Gold Property located in Canada; and the Turgeon Lake Gold Property located in the east of the Rousseau Gold Property. The company was formerly known as Starr Peak Exploration Ltd. and changed its name to Starr Peak Mining Ltd.

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