Arctic Star Exploration (CVE:ADD) Trading 50% Higher – Time to Buy?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s stock price traded up 50% during trading on Wednesday . The company traded as high as C$0.02 and last traded at C$0.02. 170,000 shares changed 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 Stock Performance

The stock has a 50-day moving average price of C$0.01 and a 200 day moving average price of C$0.02. The firm has a market cap of C$3.35 million, a PE ratio of -1.50 and a beta of 1.56. The company has a debt-to-equity ratio of 4.52, a current ratio of 0.32 and a quick ratio of 3.10.

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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