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

Canstar Resources Inc. (CVE:ROXGet Free Report)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 170000 shares traded. The stock had previously closed at C$0.05.

Canstar Resources Stock Performance

The stock has a market capitalization of C$8.34 million, a price-to-earnings ratio of -2.25 and a beta of 3.22. The company’s 50-day moving average is C$0.06 and its 200-day moving average is C$0.07. The company has a quick ratio of 8.36, a current ratio of 0.76 and a debt-to-equity ratio of -226.52.

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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