Canstar Resources (CVE:ROX) Hits New 12-Month Low – Here’s What Happened

Canstar Resources Inc. (CVE:ROXGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 20000 shares changing hands. The stock had previously closed at C$0.05.

Canstar Resources Stock Performance

The company has a debt-to-equity ratio of -226.52, a current ratio of 0.76 and a quick ratio of 8.36. The business has a 50-day moving average of C$0.06 and a 200-day moving average of C$0.07. The firm has a market cap of C$7.41 million, a price-to-earnings ratio of -2.00 and a beta of 3.22.

About Canstar Resources

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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.

Further Reading

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