Goldstar Minerals (CVE:GDM) Stock Price Up 4.5% – Still a Buy?

Goldstar Minerals Inc. (CVE:GDM)’s stock price traded up 4.5% during mid-day trading on Wednesday . The company traded as high as C$0.12 and last traded at C$0.12. 10,000 shares were traded during mid-day trading, a decline of 75% from the average session volume of 39,753 shares. The stock had previously closed at C$0.11.

Goldstar Minerals Stock Up 4.5 %

The firm has a fifty day simple moving average of C$0.12 and a 200 day simple moving average of C$0.12. The company has a debt-to-equity ratio of 20.75, a quick ratio of 0.03 and a current ratio of 0.08. The company has a market cap of C$6.99 million, a PE ratio of -1.64 and a beta of 0.25.

About Goldstar Minerals

Goldstar Minerals Inc engages in the exploration of mineral properties in the provinces of Québec, and Newfoundland. The company focuses on developing gold and technology metal deposits. It holds 100% interest in the Fortune property located in the Gaspé Peninsula, Québec; Panache North property situated in the Windfall Lake (Urban Barry) area of Québec; and the Prince Property located in the province of Newfoundland; Upton property located in the Monteregie region of southern Quebec.