East Star Resources (LON:EST) Trading Up 16.5% – Still a Buy?

Shares of East Star Resources Plc (LON:ESTGet Free Report) traded up 16.5% on Thursday . The stock traded as high as GBX 1.34 ($0.02) and last traded at GBX 1.34 ($0.02). 2,603,016 shares traded hands during trading, an increase of 273% from the average session volume of 698,516 shares. The stock had previously closed at GBX 1.15 ($0.01).

East Star Resources Trading Up 16.5 %

The firm has a fifty day simple moving average of GBX 1.17 and a two-hundred day simple moving average of GBX 1.80. The firm has a market cap of £3.37 million, a PE ratio of -134.00 and a beta of -0.90.

East Star Resources Company Profile

(Get Free Report)

East Star Resources is focused on the discovery and development of strategic minerals required for the energy revolution.

With eight licences covering >1,000 km² in three mineral rich districts of Kazakhstan, East Star is undertaking an intensive exploration programme, applying modern geophysics to discover minerals in levels that were not previously explored.

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