Canstar Resources Inc. (CVE:ROX – Get Free Report) traded down 12.5% during mid-day trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04. 329,500 shares changed hands during trading, an increase of 118% from the average session volume of 151,228 shares. The stock had previously closed at C$0.04.
Canstar Resources Trading Down 12.5%
The business’s 50 day moving average price is C$0.06 and its 200-day moving average price is C$0.07. The company has a current ratio of 1.31, a quick ratio of 8.36 and a debt-to-equity ratio of 218.89. The company has a market cap of C$6.48 million, a price-to-earnings ratio of -1.75 and a beta of 3.22.
Canstar Resources Company Profile
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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