Canstar Resources (CVE:ROX) Stock Price Up 21.4% – Here’s What Happened

Shares of Canstar Resources Inc. (CVE:ROX – Get Free Report) rose 21.4% on Thursday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 199,987 shares traded hands during trading, an increase of 152% from the average daily volume of 79,207 shares. The stock had previously closed at C$0.07.

Canstar Resources Price Performance

The company’s 50 day simple moving average is C$0.08 and its 200 day simple moving average is C$0.07. The company has a market capitalization of C$15.75 million, a PE ratio of -4.25 and a beta of 3.70.

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. The company is headquartered in Toronto, Canada.

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