Canstar Resources (CVE:ROX) Shares Up 14.3% – What’s Next?

Shares of Canstar Resources Inc. (CVE:ROXGet Free Report) were up 14.3% during trading on Thursday . The company traded as high as C$0.09 and last traded at C$0.08. Approximately 188,987 shares were traded during trading, an increase of 143% from the average daily volume of 77,929 shares. The stock had previously closed at C$0.07.

Canstar Resources Stock Up 21.4%

The stock’s fifty day simple moving average is C$0.08 and its 200-day simple moving average is C$0.07. The company has a market capitalization of C$15.75 million, a PE ratio of -4.25 and a beta of 3.70.

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.

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