Megastar Development (CVE:MDV) Trading Up 10% – What’s Next?

Megastar Development Corp. (CVE:MDVGet Free Report)’s stock price was up 10% on Thursday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 3,500 shares changed hands during trading, a decline of 92% from the average daily volume of 43,494 shares. The stock had previously closed at C$0.10.

Megastar Development Price Performance

The stock’s 50-day moving average is C$0.11 and its two-hundred day moving average is C$0.11. The stock has a market cap of C$6.61 million and a P/E ratio of -15.71.

Megastar Development Company Profile

(Get Free Report)

Megastar Development Corp., an exploration stage company, acquires, explores for, and develops base and gold mineral properties in Canada and Mexico. It owns a 100% interest in the Ralleau copper-zinc property that comprises 59 mineral claims covering an area of approximately 3,324 hectares located in Quevillon, Quebec.

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