Canstar Resources (CVE:ROX) Stock Price Up 16.7% – What’s Next?

Shares of Canstar Resources Inc. (CVE:ROXGet Free Report) shot up 16.7% during trading on Saturday . The company traded as high as C$0.07 and last traded at C$0.07. 201,003 shares changed hands during mid-day 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 capitalization of C$10.13 million, a P/E ratio of -8.04 and a beta of 2.55. The stock’s 50 day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04.

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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