Shares of Canstar Resources Inc. (CVE:ROX – Get Free Report) shot up 20% on Thursday . The company traded as high as C$0.06 and last traded at C$0.06. 106,000 shares traded hands during mid-day trading, an increase of 77% from the average session volume of 59,966 shares. The stock had previously closed at C$0.05.
Canstar Resources Price Performance
The business has a fifty day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04. The firm has a market capitalization of C$10.13 million, a price-to-earnings ratio of -8.04 and a beta of 2.55.
Canstar Resources Company Profile
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.
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