Canstar Resources (CVE:ROX) Trading Up 8.3% – Should You Buy?

Shares of Canstar Resources Inc. (CVE:ROXGet Free Report) rose 8.3% on Friday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 124,003 shares traded hands during mid-day trading, an increase of 101% from the average daily volume of 61,592 shares. The stock had previously closed at C$0.06.

Canstar Resources Price Performance

The stock has a market cap of C$10.13 million, a PE ratio of -8.04 and a beta of 2.55. The business has a 50 day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04.

About Canstar Resources

(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.

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