Canstar Resources (CVE:ROX) Reaches New 1-Year High – Still a Buy?

Canstar Resources Inc. (CVE:ROXGet Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as C$0.07 and last traded at C$0.07, with a volume of 106464 shares trading hands. The stock had previously closed at C$0.07.

Canstar Resources Price Performance

The stock has a market capitalization of C$10.13 million, a P/E ratio of -8.04 and a beta of 2.55. The stock has a 50 day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04.

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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