Canstar Resources (CVE:ROX) Shares Up 25% – Here’s What Happened

Canstar Resources Inc. (CVE:ROX – Get Free Report) rose 25% during mid-day trading on Wednesday . The company traded as high as C$0.06 and last traded at C$0.05. Approximately 275,450 shares were traded during trading, an increase of 385% from the average daily volume of 56,750 shares. The stock had previously closed at C$0.04.

Canstar Resources Trading Up 16.7 %

The company’s 50 day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04. The stock has a market capitalization of C$10.13 million, a PE ratio of -8.04 and a beta of 2.55.

Canstar Resources Company Profile

(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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