Tri-star Resources (LON:TSTR) Share Price Crosses Above Fifty Day Moving Average of $33.66

Tri-star Resources PLC (LON:TSTR) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $33.66 and traded as high as $35.25. Tri-star Resources shares last traded at $35.25, with a volume of 10,000 shares changing hands.

Separately, FinnCap reissued a “corporate” rating on shares of Tri-star Resources in a research report on Tuesday, November 19th.

The company has a debt-to-equity ratio of 6.87, a quick ratio of 0.20 and a current ratio of 0.20. The business has a 50 day simple moving average of GBX 33.66 and a 200-day simple moving average of GBX 37.36. The firm has a market cap of $34.74 million and a price-to-earnings ratio of -182.50.

About Tri-star Resources (LON:TSTR)

Tri-Star Resources Plc engages in the exploration, mining, and processing of minerals. The company primarily owns 40% interest in Strategic & Precious Metals Processing LLC, an antimony and gold production facility in Sohar, the Sultanate of Oman. It also owns antimony and mining resources in Turkey and Canada.

Further Reading: Market Timing

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