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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) shares were up 50% on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 170,000 shares traded 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 Stock Performance

The company has a market capitalization of C$3.35 million, a PE ratio of -1.50 and a beta of 1.56. The firm’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 current ratio of 0.32, a quick ratio of 3.10 and a debt-to-equity ratio of 4.52.

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.

Further Reading

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