Shares of Arctic Star Exploration Corp. (CVE:ADD – Get Free Report) shot up 50% during trading on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. 170,000 shares traded hands 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 has a market capitalization of C$3.35 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The company has a fifty day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.02. The company has a debt-to-equity ratio of 4.52, a quick ratio of 3.10 and a current ratio of 0.32.
Arctic Star Exploration Company Profile
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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