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

Shares of Canstar Resources Inc. (CVE:ROXGet Free Report) rose 21.4% during mid-day trading on Thursday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 199,987 shares changed hands during mid-day 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 Stock Up 21.4%

The company has a market capitalization of C$15.75 million, a P/E ratio of -4.25 and a beta of 3.70. The business has a 50 day moving average of C$0.08 and a 200 day moving average 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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