Megastar Development (CVE:MDV) Trading 10% Higher – Here’s Why

Megastar Development Corp. (CVE:MDVGet Free Report)’s share price traded up 10% on Thursday . The stock traded as high as C$0.11 and last traded at C$0.11. 3,500 shares changed hands during trading, a decline of 92% from the average session volume of 43,494 shares. The stock had previously closed at C$0.10.

Megastar Development Trading Up 10.0 %

The business’s fifty day moving average price is C$0.11 and its 200-day moving average price is C$0.11. The company has a market capitalization of C$6.61 million and a P/E ratio of -15.71.

About Megastar Development

(Get Free Report)

Megastar Development Corp., an exploration stage company, acquires, explores for, and develops base and gold mineral properties in Canada and Mexico. It owns a 100% interest in the Ralleau copper-zinc property that comprises 59 mineral claims covering an area of approximately 3,324 hectares located in Quevillon, Quebec.

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