Canstar Resources (CVE:ROX) Trading Up 16.7% – Here’s Why

Canstar Resources Inc. (CVE:ROXGet Free Report)’s stock price was up 16.7% during mid-day trading on Saturday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 201,003 shares changed hands during mid-day trading, an increase of 210% from the average daily volume of 64,874 shares. The stock had previously closed at C$0.06.

Canstar Resources Stock Up 16.7 %

The business’s 50 day moving average is C$0.04 and its 200-day moving average 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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