Arctic Star Exploration (CVE:ADD) Trading Up 50% – Here’s What Happened

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s share price rose 50% during mid-day trading on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 170,000 shares were traded during mid-day trading, a decline of 41% from the average daily volume of 285,976 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Price Performance

The company has a quick ratio of 3.10, a current ratio of 0.32 and a debt-to-equity ratio of 4.52. The stock has a fifty day moving average of C$0.01 and a 200-day moving average of C$0.02. The stock has a market capitalization of C$3.35 million, a price-to-earnings ratio of -1.50 and a beta of 1.56.

About Arctic Star Exploration

(Get Free Report)

Arctic Star Exploration Corp., a junior natural resource company, acquires, explores, and develops mineral properties in Canada and Finland. It primarily explores for diamond. The company’s flagship project is the Diagras diamond project located in the north-eastern part of the prolific Lac de Gras kimberlite field.

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