Arctic Star Exploration (CVE:ADD) Trading Up 50% – Should You Buy?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s share price shot up 50% during mid-day trading on Friday . The stock traded as high as C$0.02 and last traded at C$0.02. 1,242,000 shares were traded during trading, an increase of 462% from the average session volume of 220,857 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Price Performance

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 business’s fifty day simple moving average is C$0.01 and its 200 day simple moving average is C$0.02. The stock has a market cap of C$3.35 million, a price-to-earnings ratio of -1.50 and a beta of 1.56.

About Arctic Star Exploration

(Get Free Report)

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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