Canstar Resources (CVE:ROX) Trading Up 25% – Still a Buy?

Shares of Canstar Resources Inc. (CVE:ROXGet Free Report) traded up 25% during mid-day trading on Wednesday . The stock traded as high as C$0.06 and last traded at C$0.05. 275,450 shares changed hands during 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 Price Performance

The business has a 50-day moving average of C$0.04 and a two-hundred day moving average of C$0.04. The company has a market cap of C$7.24 million, a P/E ratio of -5.74 and a beta of 2.55.

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.

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