Canstar Resources (CVE:ROX) Trading 8.3% Higher – Here’s What Happened

Canstar Resources Inc. (CVE:ROXGet Free Report) shares traded up 8.3% during mid-day trading on Friday . The stock traded as high as C$0.07 and last traded at C$0.07. 124,003 shares traded hands during trading, an increase of 101% from the average session volume of 61,592 shares. The stock had previously closed at C$0.06.

Canstar Resources Price Performance

The firm has a 50 day moving average price of C$0.04 and a 200-day moving average price of C$0.04. The firm has a market cap of C$9.41 million, a price-to-earnings ratio of -7.47 and a beta of 2.55.

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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