Canstar Resources (CVE:ROX) Trading 16.7% Higher – Still a Buy?

Shares of Canstar Resources Inc. (CVE:ROX – Get Free Report) shot up 16.7% on Saturday . The stock traded as high as C$0.07 and last traded at C$0.07. 201,003 shares changed hands during trading, an increase of 210% from the average session volume of 64,874 shares. The stock had previously closed at C$0.06.

Canstar Resources Stock Up 16.7 %

The stock has a fifty day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04. The company has a market cap of C$10.13 million, a price-to-earnings ratio of -8.04 and a beta of 2.55.

About Canstar Resources

(Get Free Report)

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.

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