Canstar Resources (CVE:ROX) Trading Up 20% – Here’s What Happened

by · The Markets Daily

Shares of Canstar Resources Inc. (CVE:ROX – Get Free Report) rose 20% on Thursday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 106,000 shares traded hands during mid-day trading, an increase of 75% from the average daily volume of 60,482 shares. The stock had previously closed at C$0.05.

Canstar Resources Trading Up 16.7 %

The business has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. The company has a market cap of C$10.13 million, a PE ratio of -8.04 and a beta of 2.55.

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.

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