Canstar Resources (CVE:ROX) Sets New 1-Year Low – Should You Sell?

Canstar Resources Inc. (CVE:ROX)’s stock price reached a new 52-week low on Friday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 181000 shares changing hands. The stock had previously closed at C$0.05.

Canstar Resources Price Performance

The company has a debt-to-equity ratio of -226.52, a quick ratio of 8.36 and a current ratio of 0.76. The company has a market capitalization of C$8.34 million, a price-to-earnings ratio of -2.25 and a beta of 3.22. The company has a 50-day moving average price of C$0.06 and a 200-day moving average price of C$0.07.

Canstar Resources Company Profile

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.