East Star Resources (LON:EST) Trading Down 6.5% – Should You Sell?

East Star Resources Plc (LON:ESTGet Free Report) shares dropped 6.5% on Friday . The company traded as low as GBX 1.06 ($0.01) and last traded at GBX 1.08 ($0.01). Approximately 1,677,778 shares traded hands during trading, a decline of 22% from the average daily volume of 2,148,744 shares. The stock had previously closed at GBX 1.15 ($0.01).

East Star Resources Price Performance

The business has a fifty day moving average of GBX 1.52 and a 200 day moving average of GBX 2.56. The stock has a market cap of £2.71 million, a PE ratio of -107.50 and a beta of -0.90.

About East Star Resources

(Get Free Report)

East Star Resources Plc focuses on the discovery and development of gold, copper, and rare earth metals in Kazakhstan. It undertakes an exploration program, including nine licenses covering 1,321.5 square kilometer in three mineral districts. The company was formerly known as East Star Resources Limited and changed its name to East Star Resources Plc in March 2021.

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