Canstar Resources (CVE:ROX) Shares Up 21.4% – Here’s What Happened

Shares of Canstar Resources Inc. (CVE:ROXGet Free Report) shot up 21.4% during trading on Thursday . The stock traded as high as C$0.09 and last traded at C$0.09. 199,987 shares traded hands during mid-day trading, an increase of 152% from the average session volume of 79,207 shares. The stock had previously closed at C$0.07.

Canstar Resources Price Performance

The stock has a market cap of C$15.75 million, a P/E ratio of -4.25 and a beta of 3.70. The stock’s 50-day moving average is C$0.08 and its two-hundred day moving average is C$0.07.

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. The company is headquartered in Toronto, Canada.

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