Canstar Resources (CVE:ROX) Stock Price Up 16.7% – Here’s What Happened

Canstar Resources Inc. (CVE:ROXGet Free Report)’s stock price rose 16.7% on Friday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 201,003 shares changed hands during mid-day trading, an increase of 219% from the average daily volume of 63,061 shares. The stock had previously closed at C$0.06.

Canstar Resources Stock Performance

The firm has a market capitalization of C$10.13 million, a P/E ratio of -8.04 and a beta of 2.55. The business’s fifty day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04.

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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