Arctic Star Exploration (CVE:ADD) Shares Up 50% – Time to Buy?

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

Arctic Star Exploration Price Performance

The company’s 50-day simple moving average is C$0.01 and its 200 day simple moving average is C$0.02. 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 market capitalization of C$3.35 million, a price-to-earnings ratio of -1.50 and a beta of 1.56.

Arctic Star Exploration Company Profile

(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.

Further Reading

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