Canstar Resources (CVE:ROX) Sets New 1-Year High – Time to Buy?

Canstar Resources Inc. (CVE:ROXGet Free Report)’s share price reached a new 52-week high on Monday . The company traded as high as C$0.07 and last traded at C$0.07, with a volume of 8700 shares. The stock had previously closed at C$0.06.

Canstar Resources Stock Performance

The firm’s 50-day moving average price is C$0.04 and its 200-day moving average price is C$0.04. The stock has a market capitalization of C$7.96 million, a PE ratio of -6.32 and a beta of 2.55.

About Canstar Resources

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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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