Starr Peak Mining (CVE:STE) Shares Down 4.1% – What’s Next?

Starr Peak Mining Ltd. (CVE:STE)’s share price dropped 4.1% during mid-day trading on Wednesday . The stock traded as low as C$0.47 and last traded at C$0.47. Approximately 101,000 shares changed hands during trading, a decline of 6% from the average daily volume of 107,281 shares. The stock had previously closed at C$0.49.

Starr Peak Mining Stock Performance

The company has a market capitalization of C$27.66 million, a P/E ratio of -23.00 and a beta of 1.15. The firm’s fifty day moving average is C$0.48 and its 200-day moving average is C$0.42.

About Starr Peak Mining

Starr Peak Mining Ltd., an exploration stage junior mining company, engages in the identification, acquisition, and exploration of mineral properties in Canada. The company explores for gold. It holds a 100% interest in NewMetal Property located in the Abitibi Greenstone Belt of Quebec; the Rousseau Gold Property located in Canada; and the Turgeon Lake Gold Property located in the east of the Rousseau Gold Property. The company was formerly known as Starr Peak Exploration Ltd. and changed its name to Starr Peak Mining Ltd.