Canstar Resources (CVE:ROX) Shares Up 25% – Here’s What Happened

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

Canstar Resources Stock Up 25.0 %

The company has a market capitalization of C$7.24 million, a price-to-earnings ratio of -5.74 and a beta of 2.55. The company’s 50 day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04.

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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