Canstar Resources (CVE:ROX) Stock Price Up 8.3% – Here’s Why

Canstar Resources Inc. (CVE:ROX) shares were up 8.3% during trading on Tuesday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 259,881 shares were traded during mid-day trading, an increase of 226% from the average daily volume of 79,770 shares. The stock had previously closed at C$0.06.

Canstar Resources Stock Up 8.3%

The stock has a 50-day moving average of C$0.06 and a 200 day moving average of C$0.06. The stock has a market cap of C$10.87 million, a PE ratio of -6.50 and a beta of 2.35.

About Canstar Resources

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.