Canstar Resources (CVE:ROX) Trading 16.7% Higher – Time to Buy?

by · The Markets Daily

Canstar Resources Inc. (CVE:ROX – Get Free Report)’s share price shot up 16.7% during trading on Saturday . The stock traded as high as C$0.07 and last traded at C$0.07. 201,003 shares were traded 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 firm’s 50-day moving average price is C$0.04 and its 200 day moving average price is C$0.04. The firm has a market cap of C$10.13 million, a P/E ratio of -8.04 and a beta of 2.55.

Canstar Resources Company Profile

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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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