Canstar Resources (CVE:ROX) Stock Price Up 25% – Still a Buy?

Shares of Canstar Resources Inc. (CVE:ROXGet Free Report) rose 25% on Thursday . The stock traded as high as C$0.06 and last traded at C$0.05. Approximately 275,450 shares were traded during mid-day trading, an increase of 367% from the average daily volume of 58,965 shares. The stock had previously closed at C$0.04.

Canstar Resources Stock Up 25.0 %

The firm has a market cap of C$7.24 million, a PE ratio of -5.74 and a beta of 2.55. The company has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04.

Canstar Resources Company Profile

(Get Free Report)

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.

See Also

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.