Canstar Resources Inc. (CVE:ROX – Get Free Report) shares rose 12.5% during mid-day trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 153,612 shares changed hands during trading, a decline of 3% from the average daily volume of 158,973 shares. The stock had previously closed at C$0.04.
Canstar Resources Trading Down 11.1%
The company has a quick ratio of 8.36, a current ratio of 1.31 and a debt-to-equity ratio of 218.89. The firm’s 50 day simple moving average is C$0.05 and its 200-day simple moving average is C$0.07. The company has a market capitalization of C$7.43 million, a PE ratio of -4.00 and a beta of 3.44.
About Canstar Resources
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.
Further Reading
- Five stocks we like better than Canstar Resources
- Why Oracle’s 10% Drop May Be Telling the Wrong Story
- Build On a Strong Earnings Season With These 3 ETFs
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
Receive News & Ratings for Canstar Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canstar Resources and related companies with MarketBeat.com's FREE daily email newsletter.
