Canstar Resources (CVE:ROX) Hits New 12-Month Low – Here’s Why

Canstar Resources Inc. (CVE:ROXGet Free Report)’s share price reached a new 52-week low on Monday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 93000 shares trading hands. The stock had previously closed at C$0.04.

Canstar Resources Stock Up 14.3%

The stock’s 50-day moving average price is C$0.05 and its two-hundred day moving average price is C$0.07. The stock has a market capitalization of C$7.43 million, a P/E ratio of -2.00 and a beta of 3.44. The company has a current ratio of 1.31, a quick ratio of 8.36 and a debt-to-equity ratio of 218.89.

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. The company is headquartered in Toronto, Canada.

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