Vanstar Mining Resources (CVE:VSR) Trading 3.1% Higher – Time to Buy?

Vanstar Mining Resources Inc. (CVE:VSRGet Free Report)’s share price shot up 3.1% during trading on Friday . The company traded as high as C$0.67 and last traded at C$0.67. 19,739 shares changed hands during trading, a decline of 71% from the average session volume of 67,368 shares. The stock had previously closed at C$0.65.

Vanstar Mining Resources Price Performance

The stock’s 50 day moving average is C$0.67 and its two-hundred day moving average is C$0.67. The stock has a market capitalization of C$39.09 million, a PE ratio of -16.75 and a beta of 0.96. The company has a debt-to-equity ratio of 2.45, a current ratio of 44.59 and a quick ratio of 22.64.

About Vanstar Mining Resources

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Vanstar Mining Resources Inc engages in the acquisition, exploration, valuation, and development of mining properties in Canada. The company primarily explores for gold deposits. Its flagship property is the Nelligan property that includes 158 cells covering an area of approximately 8,216 hectares located near Chibougamau, Quebec.

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