Canstar Resources (CVE:ROX) Hits New 1-Year Low – Here’s What Happened

Canstar Resources Inc. (CVE:ROXGet Free Report)’s stock price hit a new 52-week low on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 20000 shares. The stock had previously closed at C$0.05.

Canstar Resources Trading Down 11.1%

The company has a fifty day moving average of C$0.06 and a two-hundred day moving average of C$0.07. The company has a current ratio of 0.76, a quick ratio of 8.36 and a debt-to-equity ratio of -226.52. The stock has a market capitalization of C$7.41 million, a price-to-earnings ratio of -2.00 and a beta of 3.22.

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.

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