East Star Resources (LON:EST) Trading Up 16.5% – Still a Buy?

East Star Resources Plc (LON:ESTGet Free Report)’s stock price shot up 16.5% during mid-day trading on Thursday . The stock traded as high as GBX 1.34 ($0.02) and last traded at GBX 1.34 ($0.02). 2,603,016 shares changed hands during mid-day trading, an increase of 273% from the average session volume of 698,516 shares. The stock had previously closed at GBX 1.15 ($0.01).

East Star Resources Stock Performance

The stock has a market cap of £3.37 million, a P/E ratio of -134.00 and a beta of -0.90. The firm has a 50-day moving average price of GBX 1.17 and a 200-day moving average price of GBX 1.80.

About East Star Resources

(Get Free Report)

East Star Resources is focused on the discovery and development of strategic minerals required for the energy revolution.

With eight licences covering >1,000 km² in three mineral rich districts of Kazakhstan, East Star is undertaking an intensive exploration programme, applying modern geophysics to discover minerals in levels that were not previously explored.

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