Vanstar Mining Resources (CVE:VSR) Trading 3.1% Higher – Time to Buy?

by · The Markets Daily

Vanstar Mining Resources Inc. (CVE:VSRGet Free Report) shares shot up 3.1% during mid-day trading on Tuesday . The company traded as high as C$0.67 and last traded at C$0.67. 19,739 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 67,368 shares. The stock had previously closed at C$0.65.

Vanstar Mining Resources Trading Up 3.1%

The stock has a market cap of C$39.09 million, a price-to-earnings ratio of -59.60 and a beta of 0.96. The stock has a fifty day simple moving average of C$0.67 and a 200-day simple moving average of C$0.67.

Vanstar Mining Resources Company Profile

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Vanstar Mining Resources Inc engages in the acquisition, exploration, valuation, and development of mining properties in Canada. The company primarily explores for gold deposits. Its flagship property is the Nelligan property that includes 158 cells covering an area of approximately 8,216 hectares located near Chibougamau, Quebec. The company was incorporated in 2007 and is based in Montreal, Canada. As of February 13, 2024, Vanstar Mining Resources Inc operates as a subsidiary of IAMGOLD Corporation.

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