Key Points
- Director John Paul Austin purchased 500,000 Canstar Resources shares at an average price of C$0.06, spending approximately C$30,000.
- The purchase increased Austin’s ownership by 6.83% to 7.826 million shares, valued at approximately C$469,560.
- Canstar Resources’ stock opened at C$0.06, with a market capitalization of about C$10.22 million and a 12-month trading range of C$0.04 to C$0.14.
Canstar Resources Inc. (CVE:ROX - Get Free Report) Director John Paul Austin purchased 500,000 shares of the business's stock in a transaction dated Tuesday, September 15th. The stock was bought at an average cost of C$0.06 per share, for a total transaction of C$30,000.00. Following the purchase, the director owned 7,826,000 shares in the company, valued at C$469,560. This trade represents a 6.83% increase in their ownership of the stock.
Canstar Resources Price Performance
CVE:ROX opened at C$0.06 on Friday. 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. The stock's fifty day simple moving average is C$0.06 and its 200-day simple moving average is C$0.06. The firm has a market capitalization of C$10.22 million, a P/E ratio of -5.50 and a beta of 3.26.
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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