Canstar Resources Inc. (CVE:ROX – Get Free Report) shot up 30% during trading on Wednesday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 274,000 shares were traded during mid-day trading, an increase of 78% from the average daily volume of 153,892 shares. The stock had previously closed at C$0.05.
Canstar Resources Stock Performance
The company has a quick ratio of 8.36, a current ratio of 1.31 and a debt-to-equity ratio of 218.89. The firm has a 50-day moving average of C$0.05 and a 200 day moving average of C$0.07. The stock has a market capitalization of C$13.00 million, a P/E ratio of -7.00 and a beta of 3.37.
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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