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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) shares were up 50% on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 170,000 shares changed hands during 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 stock has a market capitalization of C$3.35 million, a P/E ratio of -1.50 and a beta of 1.56. The company has a debt-to-equity ratio of 4.52, a quick ratio of 3.10 and a current ratio of 0.32. The firm has a fifty day moving average price of C$0.01 and a two-hundred day moving average price of C$0.02.

About Arctic Star Exploration

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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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