East Star Resources (LON:EST) Shares Down 6.6% – Here’s Why

East Star Resources Plc (LON:ESTGet Free Report) shares dropped 6.6% on Tuesday . The stock traded as low as GBX 1.17 ($0.01) and last traded at GBX 1.17 ($0.01). Approximately 2,812,652 shares traded hands during trading, an increase of 79% from the average daily volume of 1,568,968 shares. The stock had previously closed at GBX 1.25 ($0.02).

East Star Resources Price Performance

The stock’s 50 day simple moving average is GBX 1.20 and its two-hundred day simple moving average is GBX 1.65. The stock has a market capitalization of £3.27 million, a PE ratio of -130.00 and a beta of -0.90.

About East Star Resources

(Get Free Report)

East Star Resources is focused on the discovery and development of strategic minerals required for the energy revolution.

With eight licences covering >1,000 km² in three mineral rich districts of Kazakhstan, East Star is undertaking an intensive exploration programme, applying modern geophysics to discover minerals in levels that were not previously explored.

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