East Star Resources (LON:EST) Stock Price Up 7.9% – Should You Buy?

Shares of East Star Resources Plc (LON:ESTGet Free Report) shot up 7.9% during mid-day trading on Thursday . The stock traded as high as GBX 1.19 ($0.01) and last traded at GBX 1.19 ($0.01). 646,053 shares were traded during trading, a decline of 69% from the average session volume of 2,081,638 shares. The stock had previously closed at GBX 1.10 ($0.01).

East Star Resources Stock Down 3.2 %

The business’s 50 day moving average is GBX 1.33 and its 200 day moving average is GBX 2.40. The company has a market cap of £2.68 million, a P/E ratio of -105.50 and a beta of -0.90.

About East Star Resources

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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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