Canstar Resources (CVE:ROX) Shares Down 16.7% – Time to Sell?

Canstar Resources Inc. (CVE:ROXGet Free Report)’s share price was down 16.7% during mid-day trading on Friday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 415,446 shares were traded during mid-day trading, an increase of 190% from the average daily volume of 143,451 shares. The stock had previously closed at C$0.06.

Canstar Resources Stock Down 16.7%

The company has a market capitalization of C$9.29 million, a PE ratio of -5.00 and a beta of 3.45. The company has a debt-to-equity ratio of 218.89, a quick ratio of 8.36 and a current ratio of 1.31. The company’s 50-day moving average is C$0.06 and its 200 day moving average is C$0.06.

About Canstar Resources

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Canstar Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canstar Resources and related companies with MarketBeat.com's FREE daily email newsletter.