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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s stock price was up 50% during mid-day trading on Friday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 1,022,000 shares changed hands during trading, an increase of 440% from the average daily volume of 189,429 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Stock Performance

The firm 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 current ratio of 0.32, a quick ratio of 3.10 and a debt-to-equity ratio of 4.52. The company has a 50-day moving average of C$0.01 and a 200-day moving average of C$0.02.

Arctic Star Exploration Company Profile

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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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