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

Canstar Resources Inc. (CVE:ROXGet Free Report)’s stock price shot up 21.4% during mid-day trading on Thursday . The stock traded as high as C$0.09 and last traded at C$0.09. 194,987 shares were traded during trading, an increase of 147% from the average session volume of 79,022 shares. The stock had previously closed at C$0.07.

Canstar Resources Trading Up 21.4%

The company has a market capitalization of C$15.75 million, a price-to-earnings ratio of -4.25 and a beta of 3.70. The company has a 50 day moving average price of C$0.08 and a 200 day moving average price of C$0.07.

About Canstar Resources

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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. The company is headquartered in Toronto, Canada.

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