Canstar Resources (CVE:ROX) Stock Price Up 25% – Time to Buy?

Canstar Resources Inc. (CVE:ROXGet Free Report) shares shot up 25% during trading on Wednesday . The company traded as high as C$0.06 and last traded at C$0.05. 275,450 shares were traded during mid-day trading, an increase of 367% from the average session volume of 58,965 shares. The stock had previously closed at C$0.04.

Canstar Resources Trading Up 25.0 %

The company has a market cap of C$7.24 million, a PE ratio of -5.74 and a beta of 2.55. The firm has a 50 day moving average of C$0.04 and a two-hundred day moving average of C$0.04.

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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