Canstar Resources (CVE:ROX) Trading 16.7% Higher – Here’s Why
by Danessa Lincoln · The Markets DailyCanstar Resources Inc. (CVE:ROX – Get Free Report) shares traded up 16.7% on Friday . The stock traded as high as C$0.07 and last traded at C$0.07. 201,003 shares traded 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 Performance
The firm has a market cap of C$10.13 million, a PE ratio of -8.04 and a beta of 2.55. The stock has a 50 day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04.
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.
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