Tri-star Resources (LON:TSTR) Shares Cross Below Two Hundred Day Moving Average of $40.11

Tri-star Resources PLC (LON:TSTR)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $40.11 and traded as low as $34.75. Tri-star Resources shares last traded at $38.00, with a volume of 79,480 shares.

A number of brokerages recently issued reports on TSTR. FinnCap reissued a “corporate” rating on shares of Tri-star Resources in a research report on Monday, August 19th. Shore Capital reissued a “not rated” rating on shares of Tri-star Resources in a research report on Monday, June 24th.

The firm has a 50 day simple moving average of GBX 37.77 and a two-hundred day simple moving average of GBX 40.11. The company has a quick ratio of 0.33, a current ratio of 0.36 and a debt-to-equity ratio of 6.65. The stock has a market capitalization of $35.77 million and a P/E ratio of -14.62.

Tri-star Resources Company Profile (LON:TSTR)

Tri-Star Resources Plc engages in the exploration, mining, and processing of minerals. The company primarily owns 40% interest in Strategic & Precious Metals Processing LLC, an antimony and gold production facility in Sohar, the Sultanate of Oman. It also owns antimony and mining resources in Turkey and Canada.

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