Canstar Resources Inc. (CVE:ROX – Get Rating) fell 20% in Thursday’s trading. The stock traded as low as C$0.09 and last traded at C$0.10. 125,532 shares changed hands during trading, a 113% increase from the average session volume of 58,887 shares. The stock had previously closed at C$0.13.
The company’s 50-day simple moving average is C$0.16 and its 200-day simple moving average is C$0.22. The company has a market capitalization of C$10.90 million and a price/earnings ratio of -5.00.
Canstar Resources Company Profile (CVE: ROX)
Canstar Resources Inc, a junior resource company, is engaged in the acquisition, exploration and development of mineral properties in Canada. The company mainly explores zinc, silver, lead, copper and gold deposits. The Company’s flagship project is the Golden Bay Project which comprises 62,275 hectares along the southeast margin of the Dunnage Tectonic Zone, west of Day Cove Thrust.
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