Canstar Resources (CVE:ROX) Sets New 1-Year Low – What’s Next?

Canstar Resources Inc. (CVE:ROXGet Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 170000 shares. The stock had previously closed at C$0.05.

Canstar Resources Stock Down 15.1%

The company has a market capitalization of C$8.34 million, a P/E ratio of -2.25 and a beta of 3.22. 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 stock 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

(Get Free Report)

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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