Starr Peak Mining (CVE:STE) Shares Up 2.3% – Here’s Why

Starr Peak Mining Ltd. (CVE:STE) shares shot up 2.3% during mid-day trading on Wednesday . The company traded as high as C$0.45 and last traded at C$0.45. 11,452 shares changed hands during trading, a decline of 91% from the average session volume of 126,894 shares. The stock had previously closed at C$0.44.

Starr Peak Mining Trading Up 2.3%

The stock’s 50-day moving average is C$0.50 and its 200-day moving average is C$0.40. The stock has a market cap of C$27.06 million, a price-to-earnings ratio of -22.50 and a beta of 1.18.

Starr Peak Mining Company Profile

Starr Peak Mining Ltd., an exploration stage junior mining company, engages in the identification, acquisition, and exploration of mineral properties in Canada. The company explores for gold. It holds a 100% interest in NewMetal Property located in the Abitibi Greenstone Belt of Quebec; the Rousseau Gold Property located in Canada; and the Turgeon Lake Gold Property located in the east of the Rousseau Gold Property. The company was formerly known as Starr Peak Exploration Ltd. and changed its name to Starr Peak Mining Ltd.