Canstar Resources (CVE:ROX) Trading Up 25% – What’s Next?

Canstar Resources Inc. (CVE:ROXGet Free Report) shares were up 25% on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 244,000 shares traded hands during mid-day trading, an increase of 178% from the average daily volume of 87,650 shares. The stock had previously closed at C$0.04.

Canstar Resources Stock Performance

The stock has a market capitalization of C$7.03 million, a price-to-earnings ratio of -5.00 and a beta of 2.55. The firm has a fifty day moving average of C$0.05 and a 200-day moving average of C$0.04.

Canstar Resources Company Profile

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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.

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