Canstar Resources (CVE:ROX) Stock Price Up 25% – Here’s What Happened

Canstar Resources Inc. (CVE:ROXGet Free Report) rose 25% on Wednesday . The stock traded as high as C$0.06 and last traded at C$0.05. Approximately 275,450 shares changed hands during mid-day trading, an increase of 367% from the average daily volume of 58,965 shares. The stock had previously closed at C$0.04.

Canstar Resources Stock Up 25.0 %

The business has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04. The company has a market capitalization of C$7.24 million, a P/E ratio of -5.74 and a beta of 2.55.

Canstar Resources Company Profile

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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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