Canstar Resources (CVE:ROX) Director John Paul Austin Acquires 500,000 Shares of Stock

Canstar Resources Inc. (CVE:ROX) Director John Paul Austin acquired 500,000 shares of the firm’s stock in a transaction on Monday, September 21st. The stock was bought at an average price of C$0.06 per share, with a total value of C$30,000.00. Following the completion of the acquisition, the director directly owned 8,326,000 shares in the company, valued at approximately C$499,560. This represents a 6.39% increase in their position.

John Paul Austin also recently made the following trade(s):

• On Tuesday, September 15th, John Paul Austin bought 500,000 shares of Canstar Resources stock. The stock was bought at an average cost of C$0.06 per share, with a total value of C$30,000.00.

Canstar Resources Trading Down 8.3%

Shares of ROX traded down C$0.01 during trading hours on Wednesday, reaching C$0.06. 74,000 shares of the company traded hands, compared to its average volume of 143,136. The company’s fifty day moving average price is C$0.06 and its two-hundred day moving average price is C$0.06. The company has a market capitalization of C$10.22 million, a price-to-earnings ratio of -5.50 and a beta of 3.26. The company has a quick ratio of 8.36, a current ratio of 1.31 and a debt-to-equity ratio of 218.89. Canstar Resources Inc. has a 12 month low of C$0.04 and a 12 month high of C$0.14.

Canstar Resources Company Profile

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.