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

Canstar Resources Inc. (CVE:ROXGet Free Report)’s share price shot up 21.4% on Friday . The stock traded as high as C$0.09 and last traded at C$0.09. 199,987 shares were traded during 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 Stock Up 21.4%

The company’s fifty day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.07. 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.

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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