Canstar Resources (CVE:ROX) Hits New 12-Month Low – Here’s Why

Shares of Canstar Resources Inc. (CVE:ROXGet Free Report) hit a new 52-week low during trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 93000 shares trading hands. The stock had previously closed at C$0.04.

Canstar Resources Stock Up 14.3%

The company has a market capitalization of C$7.43 million, a PE ratio of -2.00 and a beta of 3.44. 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 stock’s 50 day moving average is C$0.05 and its 200 day moving average is C$0.07.

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.

Further Reading

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.