Starr Peak Mining (CVE:STE) Stock Price Up 1.1% – Should You Buy?

Starr Peak Mining Ltd. (CVE:STE) shares traded up 1.1% during mid-day trading on Wednesday . The company traded as high as C$0.47 and last traded at C$0.45. 44,500 shares changed hands during trading, a decline of 80% from the average session volume of 220,109 shares. The stock had previously closed at C$0.45.

Starr Peak Mining Trading Up 1.1%

The firm has a market cap of C$25.96 million, a PE ratio of -22.50 and a beta of 1.34. The stock has a fifty day simple moving average of C$0.34 and a two-hundred day simple moving average of C$0.36.

Insider Activity at Starr Peak Mining

In other news, Director Johnathan More acquired 227,500 shares of Starr Peak Mining stock in a transaction that occurred on Friday, October 31st. The stock was bought at an average price of C$0.35 per share, with a total value of C$79,625.00. Following the completion of the purchase, the director owned 277,500 shares in the company, valued at approximately C$97,125. The trade was a 455.00% increase in their ownership of the stock. Company insiders own 0.81% of the company’s stock.

About Starr Peak Mining

Starr Peak Mining Ltd., an exploration stage junior mining company, engages in the identification, acquisition, and exploration of mineral properties in Canada. The company explores for gold. It holds a 100% interest in NewMetal Property located in the Abitibi Greenstone Belt of Quebec; the Rousseau Gold Property located in Canada; and the Turgeon Lake Gold Property located in the east of the Rousseau Gold Property. The company was formerly known as Starr Peak Exploration Ltd. and changed its name to Starr Peak Mining Ltd.