Key Points
- Director John Paul Austin bought 500,000 Canstar Resources shares at C$0.06 each on September 21, investing C$30,000 and increasing his holdings by 6.39% to 8.326 million shares.
- Austin also purchased 500,000 shares at the same price on September 15, marking two recent insider purchases totaling 1 million shares and C$60,000.
- Canstar Resources has a market capitalization of approximately C$10.22 million and explores for zinc, silver, lead, copper, and gold, with its flagship Golden Baie project in Newfoundland.
Canstar Resources Inc. (CVE:ROX - Get Free Report) Director John Paul Austin acquired 500,000 shares of the stock in a transaction dated Monday, September 21st. The stock was bought at an average price of C$0.06 per share, for a total transaction of C$30,000.00. Following the purchase, the director owned 8,326,000 shares of the company's stock, valued at C$499,560. The trade was 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 shares were bought at an average cost of C$0.06 per share, for a total transaction of C$30,000.00.
Canstar Resources Price Performance
CVE:ROX opened at C$0.06 on Thursday. The company has a debt-to-equity ratio of 218.89, a current ratio of 1.31 and a quick ratio of 8.36. Canstar Resources Inc. has a one year low of C$0.04 and a one year high of C$0.14. The company has a fifty day moving average price of C$0.06 and a 200 day moving average price of C$0.06. The stock has a market cap of C$10.22 million, a P/E ratio of -5.50 and a beta of 3.26.
Canstar Resources Company Profile
(
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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