East Star Resources (LON:EST) Trading Down 8.3% – What’s Next?

East Star Resources Plc (LON:ESTGet Free Report) fell 8.3% during trading on Wednesday . The company traded as low as GBX 1.06 ($0.01) and last traded at GBX 1.10 ($0.01). 426,716 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 2,096,336 shares. The stock had previously closed at GBX 1.20 ($0.02).

East Star Resources Stock Down 8.3 %

The firm has a market capitalization of £2.77 million, a price-to-earnings ratio of -111.00 and a beta of -0.90. The firm’s 50 day moving average is GBX 1.40 and its 200 day moving average is GBX 2.45.

East Star Resources Company Profile

(Get Free Report)

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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