East Star Resources (LON:EST) Trading 12.9% Higher – Here’s Why

East Star Resources Plc (LON:ESTGet Free Report) rose 12.9% on Tuesday . The stock traded as high as GBX 3.50 and last traded at GBX 3.50. Approximately 3,608,547 shares traded hands during mid-day trading, an increase of 38% from the average daily volume of 2,610,205 shares. The stock had previously closed at GBX 3.10.

East Star Resources Price Performance

The firm’s fifty day moving average price is GBX 2.91 and its 200-day moving average price is GBX 2.18. The company has a market cap of £15.74 million, a price-to-earnings ratio of -5.70 and a beta of -0.90.

About East Star Resources

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