Canstar Resources (CVE:ROX) Reaches New 52-Week High – Still a Buy?

Canstar Resources Inc. (CVE:ROXGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as C$0.08 and last traded at C$0.12, with a volume of 544343 shares changing hands. The stock had previously closed at C$0.07.

Canstar Resources Stock Performance

The firm has a fifty day simple moving average of C$0.06 and a 200 day simple moving average of C$0.07. The company has a market cap of C$22.59 million, a PE ratio of -6.75 and a beta of 2.35.

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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